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Govt approves ₹10,000 cr ATF Price Stabilisation Fund to support Indian Airlines
The Union Cabinet on Wednesday approved a one-time budgetary support of up to Rs 10,000 crore for oil marketing companies (OMCs) to provide ATF price stabilisation for scheduled Indian airlines, as surging fuel prices driven by the ongoing West Asia crisis continue to weigh heavily on the aviation sector. Announcing the decision, Union Minister Ashwini Vaishnaw said ATF prices have risen sharply due to the conflict in West Asia and that the fund is aimed at cushioning the impact on airlines and passengers. International ATF prices have surged nearly 2.5 times from Rs 60.5 per litre in March 2026 to Rs 142 per litre in May 2026.
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economictimes.indiatimes.com
ATF prices for international airlines slashed 27%; domestic rates unchanged
International airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Commercial LPG prices have reached record…
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newsbytesapp.com
Jet fuel prices cut 27% for international airlines
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.
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Cabinet approves Rs 10,000 crore for ATF price stabilization fund
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…
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timesofindia.indiatimes.com
US-Iran war: Rs 10,000 crore ATF Price Stabilization Fund approved for OMCs - how it aims to benefit airlines, passengers
Amid the prolonged Middle East conflict, the government has approved an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to safeguard problems being faced by airlines, oil…
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Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 crore
The Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in budgetary support to Oil Marketing…
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hindustantimes.com
Govt allocates ₹10,000-crore fund to stabilise aviation fuel prices amid Iran war
While ATF price has been capped for domestic operations, Indian carriers continue to purchase ATF for international operations at Import Parity Prices (IPP). | India News
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Modi government approves ₹10,000cr fund to stabilize jet fuel prices
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.
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Modi government readies $4B stimulus to boost economy
India's Union Cabinet has sanctioned ₹39,290 crore for aviation fuel management, urban transport reforms, and national highway infrastructure to stimulate economic growth.
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gulfnews.com
Indian carriers get Rs100 billion support to stabilise amid jet fuel price spikes
India approves Rs100 billion support to stabilise jet fuel prices, easing cost pressures on airlines and protecting passengers from sharp fare hikes.
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thehindubusinessline.com
Cabinet approves ₹10,000-crore ATF Price Stabilisation Fund for airlines
Cabinet approves ₹10,000 crore fund to stabilize aviation fuel prices, aiding Indian airlines amid escalating costs and global volatility.
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Govt approves ₹10,000 cr ATF Price Stabilisation Fund to support Indian Airlines
The Union Cabinet on Wednesday approved a one-time budgetary support of up to Rs 10,000 crore for oil marketing companies (OMCs) to provide ATF price stabilisation for scheduled…
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thehindu.com
Cabinet approves ₹10,000 crore ATF price stabilisation fund to shield airlines, jet fuel prices
Cabinet approves ₹10,000 crore fund to stabilise jet fuel prices, aiding airlines and protecting passengers from fare increases.
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malaymail.com
India approves RM4.1b fund to cushion airlines from soaring jet fuel prices from Iran war
NEW DELHI, June 3 — India approved a 100 billion rupee (RM4.1 billion) fuel stabilisation fund today to help keep jet fuel prices in check for airlines hit by rising costs...
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iol.co.za
India approves $1bn airline bailout as Iran war pushes jet fuel prices to record highs
India approved a $1 billion support package for airlines on Wednesday to cushion the impact of soaring aviation fuel costs triggered by the Iran war.