New Delhi, April 30 -- India's domestic airlines are bracing for tomorrow's (Friday) ATF (Aviation Turbine Fuel) price announcement as they continue to navigate volatility in global energy markets. The government had earlier stepped in to shield the domestic aviation sector from a potential price explosion, but industry players remain anxious about the next revision.

According to industry sources, international benchmarks had pointed to a surge in jet fuel prices this month. However, on April 1, the government, in consultation with the Ministry of Petroleum and Natural Gas and the Ministry of Civil Aviation, directed Public Sector Undertaking (PSU) Oil Marketing Companies to limit the increase for domestic airlines to just 25 per cent, e...