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Govt in talks with airlines, OMCs over high ATF prices: Aviation minister

Civil Aviation Minister K Rammohan Naidu on Tuesday said the ministry is in discussions with airlines and oil marketing companies on high jet fuel prices due to the West Asia crisis. Airlines are facing headwinds due to the rising prices of Aviation Turbine Fuel (ATF), which accounts for around 40 per cent of a carrier's operational costs. "One of the most important things is how the West Asia crisis is putting a big burden on ATF prices. We are in discussions with airlines and OMCs (Oil Market…

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Business StandardCenter·1h ago
Govt in talks with airlines, OMCs over high ATF prices: Aviation minister
Civil Aviation Minister K Rammohan Naidu on Tuesday said the ministry is in discussions with airlines and oil marketing companies on high jet fuel prices due to the West Asia crisis. Airlines are facing headwinds due to the rising prices of Aviation Turbine Fuel (ATF), which accounts for around 40 per cent of a carrier's operational costs. "One of the most important things is how the West Asia crisis is putting a big burden on ATF prices. We are in discussions with airlines and OMCs (Oil Market…
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Govt in talks with airlines, OMCs over high ATF prices: Aviation minister

How 1 sources are covering this

Govt in talks with airlines, OMCs over high ATF prices: Aviation minister

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