Govt Discussing ATF Price Pressures With Airlines, OMCs Amid West Asia Crisis
The Indian government is in discussions with airlines and oil marketing companies to address rising Aviation Turbine Fuel (ATF) prices, which are being significantly impacted by the ongoing crisis in West Asia, according to Union Civil Aviation Minister Ram Mohan Naidu.
New Delhi, Oct. 6 -- The government is in discussion with both airlines and oil marketing companies (OMCs) to address the ongoing impact of the West Asia crisis, which is putting significant pressure on aviation turbine fuel (ATF) prices, said Union Civil Aviation Minister Ram Mohan Naidu. Speaking to the media, Naidu said the situation is being monitored and discussions are under way with the relevant stakeholders.