Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, pushed by IndiGo’s widespread flight cancellations, in accordance with preliminary trade knowledge launched on Tuesday. The aviation sector in India had proven regular progress in jet fuel demand for 2 years following restoration from Covid-related disruptions. However, this sample shifted when IndiGo skilled in depth cancellations on account of new pilot duty-time laws, workers shortages and winter climate situations.The airline cancelled roughly 5,000 flights, together with greater than 1,600 from their regular 2,300 every day flights throughout peak disruption. Services returned to regular over the weekend.
Data confirmed ATF sales fell to 331,400 tonnes throughout December 1 to fifteen, in comparison with 345,400 tonnes in the corresponding interval final yr. The sales decreased by 7.2 per cent month-on-month, as reported by PTI.While jet fuel declined, different main fuels demonstrated sturdy progress. Diesel consumption, representing about 40 per cent of India’s fuel utilization, elevated by practically 5 per cent to three.3 million tonnes throughout December 1-15, though month-on-month sales decreased by 5.5 per cent post-festive season.Compared to three.16 million tonnes consumption throughout December 1-15, 2023, diesel demand rose by 4.4 per cent. The improve was 15.2 per cent in opposition to 2.87 million tonnes sales in early December 2022.Petrol utilization in early December elevated by 7.7 per cent to 1.33 million tonnes. Sales have been up 8.4 per cent in comparison with December 1-15, 2023, and confirmed a 24.7 per cent improve from 1.06 million tonnes in early December 2022. Monthly consumption declined by 5.1 per cent.LPG sales elevated by 15.1 per cent to 1.55 million tonnes throughout December 1-15, pushed by home cooking necessities. The demand rose by 4.4 per cent month-on-month in comparison with 1.49 million tonnes bought in early November.The PMUY scheme expanded to incorporate 2.5 million extra households, rising whole protection from 103.3 million to 105.8 million households.
