India: Need to discuss capping airfares with airlines: DGCA
Amid concerns over steep fluctuations in airfares, aviation regulator DGCA Thursday said discussions need to be held with airlines before any decision on fixing upper cap on ticket prices. "... if a capping (of airfares) is required, then we will have to have discussions with them (airlines)," DGCA director general M Sathiyavathy said. The DGCA would start making public from this month the highest fare bucket (or class) rates levied by domestic airlines. When asked if the regulator has noticed significant fluctuations in air ticket prices, she said, "It (the average rise) has been less than 1.5% or a maximum of 2% in high fare bucket for the month of April. We will be monitoring it every month." <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-20/general/india-need-to-discuss-capping-airfares-with-airlines-dgca
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India: Need to discuss capping airfares with airlines: DGCA
Amid concerns over steep fluctuations in airfares, aviation regulator DGCA Thursday said discussions need to be held with airlines before any decision on fixing upper cap on ticket prices. "... if a capping (of airfares) is required, then we will have to have discussions with them (airlines)," DGCA director general M Sathiyavathy said. The DGCA would start making public from this month the highest fare bucket (or class) rates levied by domestic airlines. When asked if the regulator has noticed significant fluctuations in air ticket prices, she said, "It (the average rise) has been less than 1.5% or a maximum of 2% in high fare bucket for the month of April. We will be monitoring it every month." <br/>
