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Centre to replace ATF price cap with fixed-price mechanism under PSF scheme
The Centre will replace the temporary cap on aviation turbine fuel (ATF) prices with a fixed-price mechanism under the newly approved price stabilisation fund (PSF) scheme. Explaining the operational contours of the scheme, Rohit Raj, Director, Ministry of Civil Aviation, said benchmark ATF prices have been fixed at the free-on-board (FoB) level for both domestic and international airline operations, and will remain unchanged for the duration of the programme
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economictimes.indiatimes.com
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
