New delhi date. The limit imposed on the rent of 10 domestic aircraft will be removed from August 31 after about 27 months, the Union Aviation Minister said on Wednesday. And taken after analyzing aircraft fuel prices. Stability has come and we are confident that this sector is poised to grow domestically in the near future,” said Aviation Minister Jyotiraditya.
Scindia said on Twitter.
ATF prices have come down over the past few weeks, before hitting record highs mainly due to the Russia-Ukraine war that began on February 24.
ATF price in Road Delhi on August 1 is Rs. 1.21 lakh per kg liter which was about 14 percent less than last month.
When air services resumed on May 25, 2020 after a 2-month lockdown due to the Covid-19 pandemic, the government imposed lower and upper limits on domestic air fares based on the duration of the flight. For example, currently airlines charge one passenger for a domestic flight of less than 40 minutes. have Rs. 2900 onwards (without GST) less and Rs. 8800 (without GST) cannot charge more.
Some airlines felt that the government should increase the lower and upper limits or airlines should be given freedom to set fares.