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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
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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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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newsbytesapp.com
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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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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Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projects
Aviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This aims to protect Indian airlines from…
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theprint.in
Govt fixes ATF sale price at Rs 115 litre under new price stabilisation scheme to shield airlines
Carriers joining the fuel stabilisation scheme will buy ATF at predetermined rates backed by a Rs 10,000-crore fund approved by Union Cabinet, says civil aviation ministry.
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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.…
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Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation Ministry
A new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for both domestic and international airline…
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Domestic airlines will have to pay ₹115/litre for ATF if they opt for price stabilisation fund: Official
The effective selling price of aviation turbine fuel (ATF) for India’s airlines would be ₹115 per litre should they opt for the price stabilisation fund announced by the Union…
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‘Shield passengers’: Government announces ₹10,000 crore ATF support to stabilise airline costs
The Union Cabinet approves a one-time financial support of up to ₹10,000 crore to stabilize Air Turbine Fuel (ATF) prices for Indian airlines amid global fuel price volatility and…