New Delhi: India is moving ahead to put in place some sort of airfare
regulation in place. Speaking to Firstpost, Minister of State for Civil
Aviation Mahesh Sharma said he will call airline representatives for a
meeting within the next two weeks to discuss a mechanism to regulate
fares. His emphasis is especially on exorbitant last minute fares which
have lead hundreds of Members of Parliament and the general public to
protests.
"Airlines cannot be allowed to have predatory prices.....I know world over there is no regulation (on fares) but we have a social infrastructure......someone has a health crisis, someone is a student and needs to fly at short notice......I have called a meeting with all airlines in the next two weeks to discuss what can be done," Sharma said.
On being told that airlines are obviously upset at any attempts to regulate last-minute fares since operating costs in India are already sky high thanks to jet fuel taxation, the minister said "we will watch the airlines' interests as well".
Read news in full 01/05/15 Sindhu Bhattacharya/First Post
"Airlines cannot be allowed to have predatory prices.....I know world over there is no regulation (on fares) but we have a social infrastructure......someone has a health crisis, someone is a student and needs to fly at short notice......I have called a meeting with all airlines in the next two weeks to discuss what can be done," Sharma said.
On being told that airlines are obviously upset at any attempts to regulate last-minute fares since operating costs in India are already sky high thanks to jet fuel taxation, the minister said "we will watch the airlines' interests as well".
Read news in full 01/05/15 Sindhu Bhattacharya/First Post
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