New Delhi
IndiGo on Wednesday said the government’s decision to implement a partial hike in Aviation Turbine Fuel (ATF) prices will help cushion the impact of rising global fuel costs on domestic air travel.
In a statement, the airline said it is currently assessing the impact of the revised ATF prices on its operating costs and will announce any changes to fuel charges in due course.
The move follows a decision by public sector oil marketing companies, under the guidance of the Ministry of Petroleum and Natural Gas in consultation with the Ministry of Civil Aviation, to implement a staggered increase of 25 per cent, or ₹15 per litre, in ATF prices for domestic airlines.
Civil Aviation Minister K Rammohan Naidu said the calibrated hike aims to shield passengers from the full impact of rising fuel costs.
IndiGo welcomed the move, noting that the partial increase would “materially insulate” domestic air travel costs from the sharp surge in global ATF prices.
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The airline attributed the rise in fuel costs to ongoing geopolitical tensions in the Middle East, which have disrupted global supply chains and driven up aviation fuel prices.