Section

Parliamentary panel suggests route-specific capping of airfares

By Economic Times - 10 months ago
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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.