Who Is Paying For Stable Airfares? OMCs Are Losing Rs 30 On Every Litre Of Jet Fuel

Show Quick Read Key points generated by AI, verified by newsroom Oil companies absorb $30/litre jet fuel losses, keeping domestic prices stable. Domestic airlines pay unchanged jet fuel rates despite global price volatility. OMCs also cover substantial LPG losses; commercial cylinder prices rise. India’s state-run oil marketing companies (OMCs) are finding themselves in an increasingly…

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