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The Economic Times

Economy / The Economic Times

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Airlines, oil companies in talks to crack code on jet fuel price surge

Airlines and oil marketing companies are in talks to revise the aviation turbine fuel pricing model, proposing a cap on the crack spread to cushion the sector from surging costs. This move aims to protect airlines from abnormal price spikes and prevent a significant hike in jet fuel prices ahead of upcoming assembly elections.

31 Mar 2026 12:58 am