Govt Discusses Rising ATF Prices with Airlines, OMCs
The Indian government has initiated discussions with airlines and Oil Marketing Companies (OMCs) regarding the escalating prices of Aviation Turbine Fuel (ATF). The surge in ATF costs, exacerbated by the West Asia crisis, is significantly increasing operational expenses for carriers, with fuel comprising approximately 40 percent of their costs.
India’s aviation sector is facing higher fuel costs as the West Asia crisis keeps pressure on Aviation Turbine Fuel (ATF) prices. Fuel accounts for about 40 per cent of operations, intensifying cost pressures for carriers. The government has begun discussions with airlines and OMCs over the latest rise in ATF prices.