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The Economic Times
The Economic Times

Government may ask airlines to review additional prices if crude stabilises

Civil Aviation United States ATF

The government may ask airlines to review surge charges and additional fares if crude oil prices remain stable over a longer period, Civil Aviation Minister K Ram Mohan Naidu said on Thursday.

Currently, the Centre reviews Aviation Turbine Fuel (ATF) prices on a fortnightly basis, based on movement of global crude prices. Besides it has also created a Rs 10,000 crore price stabilisation fund to support airlines in times of distress due to the ongoing US-Iran war.

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