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GOVERNMENT AIRFARES POLICY
Plea concerning airfares: Fast-tracked framing of rules, Centre tells Supreme CourtThe Centre informed the Supreme Court about fast-tracking new aviation rules. These rules under Bharatiya Vayuyan Adhiniyam, 2024, will be ...- India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
- All India Tennis Association cuts overseas travel allowance to $450 from $700The All India Tennis Association approved governance reforms, cutting official overseas travel allowances significantly. Officials will now...
- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to peopleThe Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substanti...
- Rising airfares: Parl panel wants DGCA involvement in air ticket pricing, unhappy with differing seat prices in same flightA parliamentary panel proposed capping airfares and creating a separate entity to regulate prices, as airlines' self-regulation has been in...
- Bhutan plans on reducing 'expensive' airfares to boost tourismAccording to country's Finance Minister, this step would result in uptick of travellers to the country and increase the number of visitors ...
- Parliamentary panel pitches for capping airfaresAccording to the panel, some airlines are charging more than ten times of the advance booking fare around festivals and for bookings made c...
- Kerala asks Centre to put cap to airfares to Gulf sectorThe state also wanted the Centre to introduce more Air India Express flights & persuade private airlines to operate additional flights to G...
- Government mulls policy on airfares; discussions at 'highest level'The latest round of discussions comes close on the heels of parliamentarians raising concerns, last month, over surge in airfares during Ja...
- Government to soon announce measures to curb high airfares: MinisterAviation regulator DGCA had last week said that discussions need to be held with airlines before any decision on fixing upper cap on ticket...
- Government may defer plan to impose 2 per cent levy on air ticketsThe govt in the revised draft policy, unveiled on Oct 30, had proposed 2 per cent levy on all airfares to mop up funds for its regional con...
- 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 ...
- Government mulls capping airfares to curb predatory pricing: Minister Mahesh SharmaMahesh Sharma minister said that there could be 3 approaches, including through Aviation Regulator DGCA, to prevent predatory Pricing Ways.
- Government not considering mechanism to curb predatory airfares: Mahesh SharmaMahesh Sharma informed the Rajya Sabha that the government does not interfere in the commercial aspects of airlines.
- CCI has no reason now to look into pricing of air ticketsThe fair trade regulator's comments comes against the backdrop of many airlines recently slashing airfares to attract more passengers.
- MRP on air fares would be anti-competition: CCI'Whenever supply is more and demand is less, air fares fall and in lean season the airlines do decrease air fares,' CCI said in an order re...
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