Parliamentary panel calls for 'reasonable' cap on air fares

Posted on:
Key Points

The civil aviation ministry should introduce "reasonable upper fare caps" for all airlines to ensure accessibility of air transport for the common man, a parliamentary panel recommended in its report tabled in Parliament on Thursday...

The ministry should also devise a mechanism to encourage all airlines to implement the 'price lock' option, wherein customers can reserve their seat with or without paying a nominal fee, the Parliamentary Standing Committee on Transport, Tourism and Culture said in its report..

To promote "accessibility of air transport to the common man", the panel, led by YSRCP MP V Vijaysai Reddy, in its report said, "The Civil Aviation Ministry should introduce reasonable upper fare caps on all airlines, taking into account all relevant factors including the cost of operation, characteristics of service, reasonable profit and the generally prevailing tariff..."..

You might be interested in

Strike a balance between interests of airlines & passengers, says parliamentary panel report

11, Aug, 23

The panel also asks civil aviation ministry to devise a formula to regulate 'excessive surge' in air fares & says it's crucial to scrutinise audited financial data of airlines regularly.