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Tagged: business, 911, new delhi, oil companies, air fares, losses, april 1, atf, civil aviation ministry, turbine fuel, price hike, public sector oil, ministry officials, contentious issue, petroleum ministry, foreign airlines, airline operators, private airline
New Delhi, April 1 (IANS) Public sector oil companies Tuesday raised air turbine fuel (ATF) prices by over 13 percent, a move that would force airline operators to increase air fares. Petroleum ministry officials have confirmed the ATF price hike and said this was done to meet the rising prices in the international market. “After the [...] … Continue Reading »