ATF prices rose 5.46% to ₹121.28 per litre in September, the second consecutive monthly hike. IndiGo reduced frequencies on three routes from Hindon; Air India cut up to 22% capacity. Fuel accounts for 40-60% of airline costs. The government approved a ₹10,000 crore ATF stabilisation fund to cushion airlines.
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Jet Fuel Prices Soar, Airlines Cut Flights As Costs Bite
