Jet fuel price freeze: How the Rs 10,000-cr scheme affects airfares and airlines
A Union government scheme will freeze jet fuel prices for airlines in an attempt to shield them from the West Asia energy crisis. Public sector oil marketing companies (OMCs) have set the price of aviation turbine fuel (ATF) under the Rs 10,000-crore price stabilisation fund scheme at Rs 115 per litre, or Rs 1.15 lakh…