India approves Rs100 billion support to stabilise jet fuel prices, easing cost pressures on airlines and protecting passengers from sharp fare hikes.

India has frozen domestic jet fuel prices and reduced international aviation fuel rates to ease pressure on airlines as Middle East supply disruptions and higher oil costs…

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.