Govt revisits ₹10,000-crore ATF fund after airlines stay away

In this short

• FUEL POLICY Govt Revisits Aviation Fuel Support India is reviewing its aviation-fuel support mechanism after airlines did not adopt the original plan.
• THE NUMBER Support Corpus Set ₹10,000 crore The June Cabinet design provided this maximum budgetary support as interest-free advances to OMCs.
• WHAT CHANGED No Airline Opted In Mint and NDTV Profit reported that the existing fixed-price mechanism attracted no participating airline.
• HOW IT WORKED Fixed Price For Carriers 36 months The official design could run for this period, subject to review or recovery of the advance.
• READ THE FULL STORY What Happens Next Watch for revised terms, airline participation and any effect on fuel surcharges or routes.
• READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.