Rising airfares: Parl panel wants DGCA involvement in air ticket pricing, unhappy with differing seat pric

Posted on:
Key Points

A parliamentary panel proposed capping airfares and creating a separate entity to regulate prices, as airlines' self-regulation has been ineffective..

The panel also recommended empowering the DGCA to regulate air tariffs and exploring the feasibility of a route-specific fare ceiling..

It emphasized the need for compliance with Aircraft Rules and reevaluating the policy on seat price variation.Agencies..

In what could be a relief for flyers, a Parliamentary panel has proposed route-specific capping of airfares and setting up a separate entity to exercise control over air ticket prices, news agency PTI reported on Thursday...

It further urged the civil aviation ministry to explore setting up a separate entity with quasi-judicial powers to exercise control over airfares being charged by airlines...

Full story at Economic Times | 

You might be interested in

41% surge in airfares likely to slow down industry's long-term recovery

09, Jul, 23

India Business News: NEW DELHI: Air travel has become an integral part of people's lives, offering convenience and speed when it comes to covering long distances.

Read at Times Of India Key Points

Parliamentary panel to hear representatives of Civil Aviation Ministry on ‘fixing of airfares’

08, May, 23

Parliamentary Standing Committee on Transport, Tourism and Culture will on May 8 hear representatives of the Ministry of Civil Aviation on the issue of ‘fixing of airfares’.

Read at The Hindu Key Points

Thailand to fast-track aircraft additions to tame soaring air fares

15, Apr, 23

The Civil Aviation Authority of Thailand is in process of approving requests by local airlines of Lion Air, VietJet Air JSC and Thai AirAsia to add more jets | Travel

Read at Hindustan Times Key Points

Centre asks airlines to devise mechanism for reasonable pricing of air tickets

05, Jun, 23

Civil Aviation Minister Jyotiraditya Scindia took part in an hour-long meeting of the airlines advisory group and shared his concerns about the steep rise in airfares on certain routes

Read at Firstpost Key Points

Sticky High Airfares Do Not Herald End Of Cheap Air Travel

28, Mar, 23

Airfares remained elevated in contrast with the Indian aviation's legacy of being a price-sensitive market.

Read at BQ Prime Key Points