New Delhi: Amid concerns over steep fluctuations in airfares, the Directorate General of Civil Aviation (DGCA) on Thursday said discussions need to be held with airlines before any decision on fixing an upper cap on ticket prices.
"...if a capping (of airfares) is required, then we will have to have discussions with them (airlines)," aviation regulator DGCA's Director General, M Sathiyavathy, said here.
To a query on whether capping airfare is a practical option in the context of free market principles, she said, "Let's see. We need to have discussions."
DGCA would start making public from this month the highest fare bucket (or class) rates levied by domestic airlines.
When asked whether the regulator has noticed significant fluctuations in air ticket prices, she said, "It (the average rise) has been less than 1.5 per cent or a maximum of 2 per cent in high fare bucket for the month of April. We will be monitoring it every month."
DGCA is expected to release tomorrow the air traffic data for the month of April along with high fare bucket details.
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"...if a capping (of airfares) is required, then we will have to have discussions with them (airlines)," aviation regulator DGCA's Director General, M Sathiyavathy, said here.
To a query on whether capping airfare is a practical option in the context of free market principles, she said, "Let's see. We need to have discussions."
DGCA would start making public from this month the highest fare bucket (or class) rates levied by domestic airlines.
When asked whether the regulator has noticed significant fluctuations in air ticket prices, she said, "It (the average rise) has been less than 1.5 per cent or a maximum of 2 per cent in high fare bucket for the month of April. We will be monitoring it every month."
DGCA is expected to release tomorrow the air traffic data for the month of April along with high fare bucket details.
To Read the News in Full
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