Domestic airlines will have to pay ₹115/litre for ATF if they opt for price stabilisation fund: Official
The Indian government has introduced a price stabilisation fund to help airlines manage volatile aviation turbine fuel (ATF) costs. Airlines opting into the scheme will pay a fixed rate of ₹115 per litre for three years, regardless of market fluctuations.
Why it matters
This policy aims to provide financial predictability for the aviation sector amidst geopolitical instability in West Asia that has caused fuel price spikes.
The effective selling price of aviation turbine fuel (ATF) for India’s airlines would be ₹115 per litre should they opt for the price stabilisation fund announced by the Union Cabinet on Wednesday, Rohit Raj, Director at the Union Ministry of Civil Aviation told reporters Thursday at the bi-weekly inter-ministerial briefing on the situation in West Asia.
The article reports on government policy and industry reactions without loaded language or partisan framing.
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