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.

PSU OMCs face a ₹30/litre under recovery on jet fuel sales as airlines grapple with rising costs amid global tensions.

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…

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