IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation scheme (opens original article in a new tab)
IndiGo shares are in focus as state-owned fuel retailers raised ATF prices by 10% and introduced a 3-year price stabilisation scheme for domestic airlines.
- ATF prices increased to Rs 115 per litre from Rs 104.927.
- Airlines can lock in fuel rates for three years under the government-backed scheme.
- Non-participating airlines will pay market-linked rates around Rs 142 per litre.
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