Rising Fuel Costs Lead to Partial ATF Hike for Indian Air Travel

Rising Fuel Costs Lead to Partial ATF Hike for Indian Air Travel.webp

New Delhi, April 1 IndiGo said on Wednesday that the partial increase in ATF prices will help protect domestic air travel costs amid rising fuel costs due to the Middle East conflict.

In a statement, the airline said, "we are reviewing the impact of this revised ATF price on April 1 on our operating costs and will announce our revised fuel charges shortly."

Public sector oil marketing companies, in consultation with the Ministry of Civil Aviation, decided to implement only a partial and staggered increase of 25 per cent or Rs 15/litre for domestic airlines, Civil Aviation Minister K Rammohan Naidu said in a post on X.

IndiGo thanked the government for protecting domestic air travel costs from the substantial increase in ATF prices and implementing a partial and staggered increase of 25 per cent.

"The ongoing geopolitical situation in the Middle East has significantly affected the global supply of Aviation Turbine Fuel (ATF), resulting in continuous and steep increases in its prices," the airline said in the statement.
 
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airline industry atf (aviation turbine fuel) civil aviation domestic air travel fuel charges fuel prices geopolitical situation government regulation india indigo middle east conflict ministry of civil aviation oil marketing companies operating costs price increase
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