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GST impact on air travel marginal: ICRA

GST impact on air travel marginal: ICRA

The goods and services tax (GST) on the economy class air travel has been finalised at 5%, which is 100 bps lower than the existing service tax rate.

Economy class air travel set to become cheaper from July 1; Govt fixes tax rate at 5%

Economy class air travel set to become cheaper from July 1; Govt fixes tax rate at 5%

Economy class air travel will become cheaper with tax rate fixed at 5% against the existing 6%, under the upcoming goods and services tax (GST) regime from July 1.

Economy class air travel set to become cheaper from July1

Economy class air travel will become cheaper with tax rate fixed at 5 per cent against the existing 6, under the upcoming GST regime from July 1.

BOC Aviation’s 2016 profit rises 22 pct to record, upbeat on outlook

BOC Aviation’s 2016 profit rises 22 pct to record, upbeat on outlook

Hong Kong-listed aircraft lessor BOC Aviation Ltd reported a 22 percent jump to record full-year net profit on Monday, supported by growth in global air travel, and signalled an upbeat industry outlook.

Air travel from Delhi to get cheaper: Kejriwal-led AAP government massively cuts tax on jet fuel

Air travel from Delhi to get cheaper: Kejriwal-led AAP government massively cuts tax on jet fuel

Air travel from Delhi to remote areas will be cheaper with the AAacP government today announcing slashing of VAT on Air Turbine Fuel (ATF) from existing 25 per cent to one per cent to compliment the Centre’s regional connectivity scheme (RCS).

Indian travellers booked 52% more trips in July-December 2016 than in 2015: Makemytrip

Indian travellers booked 52% more trips in July-December 2016 than in 2015: Makemytrip

Indian travellers booked 52% more trips in July-December 2016 than the same period last year, according to a report compiled by Makemytrip, India’s biggest online travel portal.

Lufthansa becomes first carrier to launch commercial operations with Airbus A350 to India

Lufthansa becomes first carrier to launch commercial operations with Airbus A350 to India

Lufthansa has become the first carrier to launch commercial operations with Airbus A350 to India after it announced that the first flight to Delhi from Munich on this aircraft will be operated on February 11, 2017.