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Govt May Nudge Airlines To Cut Fares As Crude Oil Cools, Aviation Minister Suggests

As reported by NDTV Profit - Latest
The Centre is closely tracking the movement of aviation-turbine-fuel prices and is in talks with airlines to determine whether the recent fall in aviation fuel costs is sustainable over the long term.
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The Centre is monitoring aviation turbine fuel (ATF) prices, which are currently falling due to cooler crude oil. The Aviation Minister suggested the government might encourage airlines to reduce fares in response. Talks are underway to assess if the recent drop in fuel costs…

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