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 Cabinet on Wednesday, Rohit Raj, Director at the Union Ministry of Civil Aviation told reporters Thursday at the bi-weekly inter-ministerial briefing on the situation in West Asia.

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…

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…

Cabinet approves ₹10,000 crore fund to stabilize aviation fuel prices, aiding Indian airlines amid escalating costs and global volatility.