Brief by Shorts91 Newsdesk / 06:13pm on 09 Jun 2026,Tuesday Business
State-owned oil companies have increased aviation turbine fuel (ATF) prices for domestic airlines by around 10 per cent. Jet fuel will now cost about Rs 115 per litre, up from Rs 104.9 earlier. Oil companies have also introduced a voluntary fixed-rate plan that allows airlines to lock fuel prices for up to three years. The move aims to protect airlines from sharp changes in global oil prices caused by tensions in West Asia. The government has approved a Rs 10,000-crore price stabilisation scheme to support the plan. Officials say the measure could help reduce sudden increases in airfares for passengers.
