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Saturday, 11 April 2015

Predatory Air Fares Need Regulation, says Minister

Bengaluru: The Civil Aviation Ministry reiterated a call to regulate predatory pricing. Minister of State (Civil Aviation) Mahesh Sharma said that regulation of  predatory pricing was important instead of having total control over pricing.


The statements coming at a time when the civil aviation policy is in its final stages which is likely to address archaic laws of the sector and governing rules. He said that wider discussions should be held on the subject. “We understand that the predatory price (of air fares) at lower end or higher end should have some regulation. This is my individual opinion but this is subject to discussion and a Cabinet decision has to be taken on this issue.”
10/04/15 New Indian Express

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