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AIRFARE DEREGULATION
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...- Govt suspends directive on flight seat selection feeA government directive for Indian airlines to offer 60% of seats without extra charges has been paused. This decision follows strong opposi...
- DGCA releases summer flights schedule for Indian domestic carriers; in effect from March 29Domestic flight schedules are now available for travel from March 29th to October 24th. The Ministry of Civil Aviation has removed temporar...
- DGCA tariff monitoring unit to be strengthened as government targets high airfares: Aviation ministerThe government is actively addressing high airfares by strengthening the DGCA's tariff monitoring unit to prevent opportunistic pricing. Mi...
- Civil Aviation Minister Naidu defends airfare deregulationCivil Aviation Minister K Rammohan Naidu stated the Centre can cap airfares in emergencies. However, he clarified fare caps are not a perma...
- Govt has powers to cap airfares but it is not single-way solution: Aviation Minister NaiduCivil Aviation Minister K Rammohan Naidu stated the government has powers to cap airfares in extraordinary circumstances but it's not a sol...
- DGCA keeps 'rigorous oversight' on airfares for festivals; airlines to operate additional flightsAviation watchdog DGCA monitors airfares for the festive season. It works to prevent ticket price increases. The ministry reviewed trends a...
- Govt asks airlines to maintain reasonable airfares for Prayagraj flights; IndiGo cuts prices 30-50pcIn response to high airfares to Prayagraj due to increased demand for the Maha Kumbh Mela, the civil aviation ministry urged airlines to ma...
- Parliament passes Bharatiya Vayuyan Vidheyak, replacing 90-year-old Aircraft ActIndia's Parliament approved the Bharatiya Vayuyan Vidheyak 2024. This new law replaces the outdated 1934 Aircraft Act. The Rajya Sabha pass...
- Govt says airlines sensitised to exercise moderation in pricing of air ticketsThe civil aviation ministry advised airlines to self-regulate and exercise moderation in pricing air tickets, a matter raised in the Rajya ...
- Bringing down airfares on new minister Ram Mohan Naidu's radarAviation is a deregulated sector and airlines fix fares based on supply and demand, as well as seasonality. Last month, the Delhi High Cour...
- Want to make airways the new railways, says Civil Aviation Minister Ram Mohan NaiduUnion Minister of Civil Aviation, Kinjarapu Ram Mohan Naidu, aims to make air travel affordable to the common man by addressing airfare flu...
- Airlines advised to self-regulate on airfares, keep passengers interest in mind: Scindia"The fares are fixed by airlines keeping in mind the market, demand, seasonality and other market forces. The airfare increases with increa...
- Number of air passengers has gone up from 6 crore in 2014 to 14.5 crore now: Scindia in Lok SabhaCivil Aviation Minister Jyotiraditya Scindia informed the Lok Sabha that air passenger numbers have risen from six crore in 2014 to 14.5 cr...
- Rising airfares: Congress says PM's words that those with 'hawai chappals' can travel by air sound like 'cruel joke'Congress general secretary organisation K C Venugopal said it was criminal to lift caps on airfares in August 2022 when the economy was in ...
- Centre asks airlines to devise mechanism for reasonable pricing of air ticketsAirfares have jumped significantly on certain routes, especially in the wake of crisis-hit Go First suspending operations from May 3. Durin...
- Govt asks airlines to exercise moderation in pricing tickets amid spike in airfaresIndia is one of the fastest growing civil aviation markets in the world and domestic passenger traffic has been rising after being signific...
- Predatory pricing happening in airfares: Hardeep Puri"We need to bring equilibrium within the market. Can't say predatory pricing is the only reason of ill health of airlines, it is one of the...
- CCI probes alleged cartelisation in airfaresCurrently, the CCI is probing whether there is cartelisation among carriers in fixing price of air tickets.
- Capping of airfares violates competition norms: Ashok Chawla, CCI chairmanTerming that the move would be 'antithetical' to competition as well as deregulation, Chawla stressed that market forces should be allowed ...
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