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 geopolitical disruptions. The government implements a temporary mechanism to reduce airfare shocks, support airline operations, and maintain stable air connectivity across domestic and international routes.

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.