Having received a number of complaints against sudden surge in fares on some routes, the Competition Commission of India ( CCI ) has taken suo moto cognisance of the issue to examine if there is any anti-competitive behaviour being followed by airlines in pricing tickets, an aviation ministry official said. “Depending upon the findings of its inquiry, the CCI may pass restraints against the airlines,” the official said, asking not to be named.
“The civil aviation ministry and the CCI are evaluating pricing of tickets in the Indian market to see how it compares with global practices. We have received a series of complaints on surge fares on certain routes. The government and the competition regulator is working to ensure that there is no predatory pricing or anti-competitive behaviour,” the official said.
On January 27, for instance, the cheapest ticket from Srinagar to Mumbai was going for Rs 73,647, higher than the cheapest fare of Rs 38,379 from New York to Mumbai on the following day. The fare on Srinagar-Mumbai route has now come down to around Rs 8,000. There have been instances of sudden spike in airfares on other routes too.
22/02/17 Indianexpress/Defence Aviation Post
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“The civil aviation ministry and the CCI are evaluating pricing of tickets in the Indian market to see how it compares with global practices. We have received a series of complaints on surge fares on certain routes. The government and the competition regulator is working to ensure that there is no predatory pricing or anti-competitive behaviour,” the official said.
On January 27, for instance, the cheapest ticket from Srinagar to Mumbai was going for Rs 73,647, higher than the cheapest fare of Rs 38,379 from New York to Mumbai on the following day. The fare on Srinagar-Mumbai route has now come down to around Rs 8,000. There have been instances of sudden spike in airfares on other routes too.
22/02/17 Indianexpress/Defence Aviation Post
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