India, April 8 -- The Government of India has issued a release:
The unprecedented situation arising out of the ongoing West Asia crisis has posed significant challenges to global aviation operations, including Indian carriers. However, the Indian domestic aviation sector continues to remain resilient and robust, supported by timely and calibrated interventions by the Government.
The Ministry of Civil Aviation, while closely monitoring the evolving situation, has undertaken a series of measures to provide relief to domestic carriers. Earlier, the Government had announced the passing of only a partial ATF price hike, capping the increase for domestic airlines at 25% only for domestic operations. Whereas, globally the sharp spike in crude pr...