Aviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic airlines can now get a fixed fuel rate for up to three years. This move aims to protect airlines and passengers from global oil price swings. Airlines opting for the scheme will pay Rs 115 per litre.

Last week, the Union Cabinet approved a Rs 10,000-crore price stabilisation fund for aviation turbine fuel, fixing a static price of Rs 115/litre for both domestic and…

Aviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic airlines can now get a fixed fuel rate…

Jet fuel prices rise by 10%, lifting a cap on sales to domestic airlines amid new price stabilization measures.