The ATF price stabilisation mechanism will operate for 36 months, subject to annual review or until the support amount is fully recovered, whichever comes first. Reeling from the high cost of aviation turbine fuel (ATF) since the start of the West Asia conflict in March this year, scheduled Indian carriers are in for some relief...
Tag: Indian airlines
Post
Post
India to ease overseas flying norms to airlines
The Union government is to drop the condition of '5/20 rule' to Indian airlines by next November to fly on overseas routes. The government is to scrap the rule requiring airlines to fly on domestic routes for five years and to possess a fleet of at least 20 planes before launching overseas operations, say media reports.
Post
SpiceJet, AI cut fares, budget carriers may follow suit
Now, a silent fare war among Indian airlines is appears to be on. SpiceJet's recent mega sale has triggered a tussle between other Indian airlines who are dropping fares discreetly. Air India dropped fares on January 21 night, taking them lower than rival full-service carrier Jet Airways and matching the prices of the three budget carriers on every route.