Will a Partial ATF Price Hike Be Enough to Shield Indian Airlines From the Global Storm?
In a move welcomed by the Indian aviation industry, the government on Wednesday intervened to cushion domestic carriers from spiraling fuel costs, choosing a measured approach over a full-blown price revision. PSU oil marketing companies, operating under the Ministry of Petroleum and in consultation with the Ministry of Civil Aviation, announced a partial and staggered increase in Aviation Turbine Fuel (ATF) prices of 25 per cent or Rs 15 per litre for domestic airlines. Civil Aviation Minister K Rammohan Naidu shared the development in a post on X, framing it as a deliberate and considered decision made with the industry's stability in mind....
