The government has sanctioned a Rs 10,000-crore fund to stabilise aviation fuel prices, following a sharp rise from Rs 60.5 to Rs 142 per litre due to Middle East tensions.

Jet fuel prices for international airlines have been slashed by 27 percent, while domestic carriers face no changes in rates amidst global energy market fluctuations.

The Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and passengers from the sharp rise in ATF…

Cabinet approves ₹10,000 crore fund to stabilize aviation fuel prices, aiding Indian airlines amid escalating costs and global volatility.