NEW DELHI: IndiGo on Wednesday said the partial hike in ATF price will help insulate the domestic air travel costs amid the rise in fuel costs due to the Middle East conflict.
In a statement, the airline said, “it was reviewing the impact of this revised ATF price on April 1 on its operating cost and will appropriately announce its revised fuel charges shortly." PSU oil marketing companies, under the Ministry of Petroleum in consultation with the Ministry of Civil Aviation, decided to implement only a partial and staggered increase of 25 per cent or Rs 15/litre for domestic airlines, Civil Aviation Minister K Rammohan Naidu said in a post on X.
IndiGo thanked the government for materially insulating the domestic air travel costs from the substantial increase in ATF prices and passing on partial and staggered increase of 25 per cent.
"The ongoing geopolitical situation in the Middle East has significantly affected global supply of Aviation Turbine Fuel (ATF) resulting in continuous and steep increase in its prices," the airline said in the statement.