The Union Cabinet approves a one-time financial support of up to ₹10,000 crore to stabilize Air Turbine Fuel (ATF) prices for Indian airlines amid global fuel price volatility and geopolitical disruptions. The government implements a temporary mechanism to reduce airfare shocks, support airline operations, and maintain stable air connectivity across domestic and international routes. Show more Show less
‘Shield passengers’: Government announces ₹10,000 crore ATF support to stabilise airline costs
The Union Cabinet approves a one-time financial support of up to ₹10,000 crore to stabilize Air Turbine Fuel (ATF) prices for Indian airlines amid global fuel price volatility and geopolitical disruptions. The government implements a temporary mechanism to reduce airfare shocks, support airline operations, and maintain stable air connectivity across domestic and international routes.
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