This is one of the key decisions taken at a five-hour meeting among airline chiefs Friday, including Kingfisher's Vijay Mallya, Jet Airways' Naresh Goyal, GoAir's Jeh Wadia and SpiceJet CEO Siddhanta Sharma under the umbrella of the Federation of Indian Airlines (FIA).
Meanwhile, the civil aviation ministry has agreed to request state governments to reduce sales tax when the empowered committee of state finance ministers meets on Monday in New Delhi.
State sales tax ranges from 4 per cent to 35 per cent and makes ATF in India one of the most expensive in the world