India caps domestic jet fuel price hikes at 25 percent
The Indian government will cap monthly increases in domestic aviation fuel prices at 25 percent to prevent sudden fare hikes. This move helps stabilize costs.
Xurve View
Xurve View
The government of India has announced a cap on monthly price increases for aviation turbine fuel (ATF) for domestic flights, limiting hikes to 25%. This move, confirmed in an official statement on Thursday, is intended to stabilize operating costs within the country's aviation sector. Defence Minister Rajnath Singh expressed his approval of the measure, noting that it will serve to protect passengers from the impact of sudden fare increases.
