Saturday, March 18, 2017

Consider capping air ticket prices: Parliament panel to govt

New Delhi: The government should consider fixing upper limit for airfares across sectors as pricing mechanism followed in the developed world may not suit Indian conditions, a Parliamentary panel said today.

There have been concerns expressed in various quarters about airlines charging high ticket prices.

Against this backdrop, the panel said the Civil Aviation Ministry should consider fixing an upper limit for every sector, especially in the economy class of airfares.

"We are a developing country and many of the pricing mechanisms applicable to the developed countries may not suit the Indian people and Indian conditions," it noted.
The Department-related Parliamentary Standing Committee on Transport, Tourism and Culture has made the recommendation in its report tabled in the Parliament today. The report is on the Demand for Grants (2017-18) of the Ministry of Civil Aviation.
17/03/17 PTI/Economic Times

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