Categories: Business

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.

The News Vista

Leave a Comment
Share
Published by
The News Vista
3 months ago

Recent Posts

Saudi Arabia prepares for offensive against Houthis; Mecca pact allies still missing

Saudi Arabia is gearing up for a significant military campaign against the Iran-aligned Houthi forces…

2 hours ago

Irdai plan to help check mis-selling, raise returns

Irdai has introduced proposed guidelines aimed at reshaping the commission and expense structures for insurance…

2 hours ago

AI sings Russia’s war story: Kremlin’s unexpected soundtrack of Ukraine’s conflict

Among the songs whose release dates could be established, most appeared after 2024. That coincided…

2 hours ago

Sea of red for most asset classes

2 hours ago

Gaza war could have ended a year earlier, says ex Israeli hostage negotiator

Major General Nitzan Alon revealed that the Gaza war could have been concluded a year…

2 hours ago

Salman Khan praises hero pilot Smit Machchhar: ‘Well done bro’

Salman Khan shared his appreciation for Captain Smit Machchhar's efforts in saving lives during a…

2 hours ago