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.

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…

Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency and routes to…

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…

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

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.

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

Cabinet approves ₹10,000 crore fund to stabilise jet fuel prices, aiding airlines and protecting passengers from fare increases.

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...

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.