New Delhi, April 1 -- The Union government said on 1 April that Oil Marketing Companies (OMCs), in consultation with the Ministry of Civil Aviation, have implemented only a partial, staggered increase of 25% (only Rs.15/litre) for airlines.

Foreign routes will pay the full increase in ATF prices, also known as jet fuel prices, at rates consistent with those in other parts of the world, the Central government said, clarifying that there will be no impact on domestic air fares.

"ATF prices in India were deregulated in 2001 and are revised on a monthly basis based on a formula of international benchmarks. Due to the closure of the Strait of Hormuz and the extraordinary situation in global energy markets, the price of ATF for domestic marke...