The Indian government has approved a one-time budgetary support of ₹10,000 crore to public sector oil marketing companies (OMCs) to stabilize aviation turbine fuel (ATF) prices for airlines. Under this ATF stabilisation scheme, airlines can purchase jet fuel at fixed benchmark prices of ₹86.32 per litre for domestic flights and ₹104.49 per litre for international flights. While this initiative aims to shield airlines from fuel price volatility exacerbated by the West Asia conflict, experts caution that it is unlikely to lead to a significant reduction in ticket prices. Instead, the scheme may help moderate fare spikes. Analysts emphasize that airlines should be mandated to pass on savings to passengers, as there is a risk of airlines increasing ticket prices through alternative charges. The scheme is seen as a liquidity support mechanism for OMCs, which have been incurring losses on ATF sales. The initiative is timely, given the steep rise in global jet fuel prices, which surged from ₹60.50 to ₹142 per litre, impacting airlines' operational costs significantly. Without a clear directive from the government, the benefits of this scheme may not reach consumers in the form of cheaper airfares.