Jet Fuel Price Hike Hits Regional Airlines; Operators Demand Price Stabilisation Fund Revival
Surging aviation turbine fuel prices have strained Indian carriers, prompting regional airlines to urge the Civil Aviation Ministry to revive the withdrawn Price Stabilization Fund with flexible terms.…
Attributed summary
Surging aviation turbine fuel prices have strained Indian carriers, prompting regional airlines to urge the Civil Aviation Ministry to revive the withdrawn Price Stabilization Fund with flexible terms. Jet fuel costs have reached an all-time high of 137 rupees per litre, with fuel expenses rising from 40 per cent to nearly 60 per cent of total operating costs. Regional operators providing last-mile connectivity are seeking special provisions under the government…
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