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India airlines seek government help as jet fuel costs surge
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India airlines seek government help as jet fuel costs surge

RT International·RT International·about 1 month ago
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The main carriers say the current pricing mechanism is creating an imbalance and rendering flight networks unviable Indian airline companies have sought government help as surging jet fuel prices threaten commercial viability. The Federation of Indian Airlines (FIA) – an industry body that represents the top carriers, including Air India, IndiGo, and SpiceJet – said in a letter that “urgent support is required for ATF pricing to continue” airline operations. “The airline industry in India is under extreme stress and on the verge of closing down or of stopping its operations.” The FIA said the aviation turbine fuel (ATF) pricing has become “increasingly unpredictable,” impacting domestic and international operations. “ATF adhoc pricing is creating severe imbalance in domestic and international operations and rendering airline networks unviable and unsustainable.” Earlier this month, India hiked fuel prices for international flights and marginally increased energy prices for domestic routes.…

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