India’s largest airline IndiGo welcomed the Centre’s decision to launch a Rs 10,000-crore Aviation Turbine Fuel (ATF) price stabilisation package, thanking the Narendra Modi government for stepping in to cushion
airlines from soaring fuel costs triggered by the ongoing West Asia crisis. The response came shortly after the Union Cabinet approved a one-time budgetary support mechanism and capped the domestic ATF price at Rs 75.60 per litre, a move aimed at preventing a sharp rise in airfares and ensuring uninterrupted air connectivity across the country.
In a statement posted on X (formerly Twitter), IndiGo expressed gratitude to the government and key ministries involved in the decision.
“We are grateful to the Government of India, Ministry of Civil Aviation, Ministry of Petroleum and Natural Gas and the concerned authorities for announcing Aviation Turbine Fuel (ATF) price stabilisation support to Scheduled Indian Airlines,” the airline said.
Calling the move a “timely intervention”, IndiGo said it reflected the government’s understanding of aviation’s role in connecting people, driving economic growth and supporting India’s ambition of becoming a global aviation hub. The airline added that the measure would help carriers serve passengers better while navigating a period of global uncertainty.
Announcing the decision, Civil Aviation Minister Ram Mohan Naidu Kinjarapu said the ongoing crisis in West Asia had led to a steep increase in aviation fuel prices globally.
“The ongoing West Asia crisis has led to a sharp rise in aviation fuel prices globally. To ensure that this does not translate into a sudden burden on Indian passengers, the Cabinet led by PM Modi has approved a Rs 10,000 crore Price Stabilization Fund for Indian airlines,” the minister said. He added that the measure would help keep airfares predictable, maintain connectivity and ensure smooth airline operations despite global market volatility.
