Govt In Talks With Airlines, Oil Firms Over High Jet Fuel Prices: Naidu
West Asia Crisis Puts Pressure On ATF Prices, Says Civil Aviation MinisterCivil Aviation Minister K Rammohan Naidu on Tuesday said the ministry is in discussions with airlines and oil marketing companies on high jet fuel prices due to the West Asia crisis. Airlines are facing headwinds due to the rising prices of Aviation Turbine Fuel (ATF), which accounts for around 40 per cent of a carrier’s operational costs.
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Reported by deccanchronicle.com.
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