SpiceJet has welcomed the government’s approval of a Price Stabilisation Fund for Aviation Turbine Fuel (ATF), describing it as a significant step that could help airlines deal with ongoing volatility in fuel costs.
In its statement on Thursday, the airline said the measure is expected to bring greater predictability and stability to the aviation sector, which continues to face pressure from fluctuating fuel prices and broader geopolitical uncertainties.
“The approval of the Price Stabilization Fund is a timely step that will help provide greater certainty to airlines during a period of exceptional fuel price volatility," the statement read.
The airline highlighted that fuel cost fluctuations remain one of the key challenges for carriers, making the introduction of such a mechanism particularly relevant for the industry at this time.
SpiceJet also expressed appreciation to the Government of India, along with the Ministry of Civil Aviation, the Ministry of Petroleum and Natural Gas, and other stakeholders involved in the decision-making process behind the initiative.
04/06/2026 Moneycontrol
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