![]()
In a move aimed at protecting passengers from sharp rises in air ticket prices, the government has capped monthly increases in aviation turbine fuel (ATF) prices for domestic flights at 25%, according to Reuters.The decision comes amid fluctuations in global energy markets linked to the ongoing crisis in Iran, which has led to higher fuel costs and increased pressure on airlines.
He watches
Impact of Iran war hits India: Commercial LPG prices rise, airfare prices are expected to rise as fuel costs double
Defense Minister Rajnath Singh welcomed the move, saying it would help protect passengers from sudden increases in ticket prices.In a related development, the government said private sector operators are facing supply constraints in automotive LPG due to procurement challenges. She added that operators of dual-fed vehicles are encouraged to switch to petrol where possible.
