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Parliamentary panel suggests route-specific capping of airfares

By Economic Times - 9 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.

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