Airlines are not taking up India’s voluntary ATF (aviation turbine fuel) price-capping scheme worth an estimated ₹10,000 crore after global oil prices decline, according to reports. The scheme allows airlines to buy ATF at a capped rate of about ₹115 per litre through agreements with oil marketing companies. Because participation is voluntary, airlines can choose whether to sign contracts to access the capped pricing. With international crude prices falling, the incentive to lock into the scheme appears reduced, leading carriers to skip it. The reports state that airlines would have needed to execute agreements with fuel suppliers to benefit from the capped price. The coverage consistently frames the decision as linked to the downward movement in global oil prices rather than as a change to the scheme itself. As a result, the expected uptake and associated outlay under the ₹10,000-crore programme does not materialise, at least in the near term.
Airlines opt out of ₹10,000-crore ATF subsidy after global fuel prices fall
Airlines are not taking up India’s voluntary ATF (aviation turbine fuel) price-capping scheme worth an estimated ₹10,000 crore after global oil prices decline, according to reports. The scheme allows...
- India’s ATF price-capping scheme is voluntary for airlines.
- Airlines must sign agreements with oil marketing companies to access the capped ATF price.
- The capped ATF rate is about ₹115 per litre.
- Airlines are skipping the scheme after global oil prices fall.
- The estimated scheme size is around ₹10,000 crore.
The scheme was voluntary, and airlines were to sign agreements with oil marketing companies to avail of the capped price of about ₹115 per litre
9 hours agoThe scheme was voluntary, and airlines were to sign agreements with oil marketing companies to avail of the capped price of about Rs 115 per litre.
10 hours agoThe scheme was voluntary, and airlines were to sign agreements with oil marketing companies to avail of the capped price of about Rs 115 per litre.
10 hours ago
Sports news roundup (02 July 2026)
The provided sources are two entries from gong.bg labeled “Спортни новини - централна емисия (02.07.2026)” and “Спортни...
Central Coast man wins $30 million in Oz Lotto jackpot
A man from the Central Coast is reported to have won the entire $30 million Oz Lotto jackpot in draw 1689, taking the fu...
Ex-Olympian David Hearn indicted for alleged vandalism of Washington’s Reflecting Pool
Former U.S. Olympian David “Davey” Hearn is indicted on a federal destruction of property charge over alleged damage to...