Aviation turbine fuel (ATF) prices for domestic airlines rose by around 10 per cent on Tuesday as state-owned oil marketing companies rolled out a government-backed price stabilisation scheme that will allow carriers to lock in fuel rates for up to three years.

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.