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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