Airlines warn of stopping operations as ATF costs surge and airspace limits bite

They want excise duty deferred and a new ATF formula

Air India, IndiGo, and SpiceJet say they are facing severe financial strain and warn they may have to stop operations. Soaring aviation turbine fuel prices, airspace restrictions, and cash pressure have pushed them to seek government support, including a revised ATF pricing mechanism and temporary deferment of excise duty on ATF to stabilize costs.