Oil prices fall to $70: Will your flight tickets get cheaper?

Aviation Turbine Fuel (ATF) prices, which had surged, are now under scrutiny as crude oil costs decline. The Civil Aviation Minister indicated the government may ask airlines to reassess surge charges and additional fare components if fuel prices remain stable. Discussions are ongoing with airlines to ascertain the longevity of this price reduction, with a Rs 10,000 crore price stabilization fund already in place to support the sector.