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REASONABLE UPPER FARE
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 ...- Parliamentary panel calls for 'reasonable' cap on air faresA parliamentary panel in India has recommended the introduction of "reasonable upper fare caps" for all airlines to ensure accessibility of...
- Airlines should not adopt predatory pricing under cloak of free market economy: Parliament panel"A perfect balance has to be maintained between the commercial interest of the private airlines and the interest of the passengers so as to...
- Airfare bands protecting interests of airlines, passengers, says Aviation Minister Scindia"The fare bands serve the dual purpose of protecting the interests of the travellers as well as of the airlines, and have been revised from...
- Won't have airlines to board if fare limits are not increased: Aviation Minister ScindiaThe ministry had increased the lower limit for flights under 40-minute duration from Rs 2,600 to Rs 2,900 -- an increase of 11.53 per cent....
- Need to prescribe upper limit on air cancellation charges: Parliamentary committee"The committee hopes that the (Civil Aviation) Ministry would be able to persuade the airlines for such rationalisation in the interest of ...
- No relief in fixed cost structures to be a major pain point for airlines: Aditya Ghosh‘Airlines need relief on airport charges, navigation charges and taxes to manage the cost structure’
- Union Budget 2019: Clamp down on expenses will hurt passenger safety, fear railway officials“Every MP wants good rail infra, we will take steps to improve finances,” says Minister Suresh Angadi.
- House productivity less than 10% of averageOn most days the number of sitting hours in the Rajya Sabha have ranged between 11-30 minutes. Hours lost hover between 4.97-5.82 hours.
- L&T Technology IPO subscribed 2.5 timesThe issue, which was priced at Rs 850-860, got bids for 1.80 crore shares against 72.8 lakh shares on offer excluding the shares allotted t...
- Road Ministry wants Uber, Ola to calculate fares using taxi meters, not GPSGovernment asks to calculate fares using taxi meters rather than GPS as it feels companies are violating law and distance estimated via GPS...
- Karnataka nixes surge pricing by taxi-hailing apps like Ola, UberThe fare cannot be higher than what has been fixed by the government from time to time. Which means these firms must charge a fare within a...
- Railway Minister Suresh Prabhu's budget to focus on innovative means of revenue generationHowever, fares are likely to be kept unchanged in the Budget for the second year in a row. The emphasis will remain on strengthening the ra...
- Government plans to tell airlines not to charge exorbitant rates for last-minute ticketsIf the airlines do not comply, the ministry will ask the Directorate General of Civil Aviation to convey the message in sterner terms.
- Regulator must be allowed to revise rail tariffs to let the railways moderniseThe important reform will improve the deteriorating financial health of the Indian Railways (IR) and is, therefore, welcome.
- Mukul Roy to be sworn in as rail minister todayTrinamool Congress chief Mamata Banerjee on Monday persuaded Prime Minister Manmohan Singh to induct Mukul as the new Cabinet minister.
- Airfares are going up, and not just because of oilEven if prices rise no further, airlines will have to raise average fares by 10 per cent just to break even.
- DGCA asks domestic airlines to show fares on their websitesDGCA met officials of the no-frill carriers - IndiGo, Spicejet and GoAir, after issuing a directive asking all carriers to explain the high...
- Laloo fare's well, no hikesTraveller's the winner in this fight. Threatened by apex fares and low-cost airlines, railway minister Laloo Prasad decided against any ris...
- Earnings growth to dipFor two years in a row, passenger fares have been untouched. In 2003-04, the volume of traffic grew by 3%. But revenues from traffic rose b...
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