U.K. to cease regulating long-haul fares to India

The U.K. Civil Aviation Authority today said that next month it would stop regulating long-haul airfares from the United Kingdom—apart from those to the United States—ending more than 30 years of fare regulation amid what it said was greater competition in the airline market.
The U.K. authority said the move to stop regulating fares for long-haul flights on all other routes, beginning in December, will liberalize airfare markets, avail travelers of cheaper fares for "travel via an intermediate stop," increase competition among carriers and broaden the range of fares and products airlines offer.
CAA noted that in 1993, fares within the European Union similarly were deregulated upon the creation of "the single E.U. aviation market," but long-haul fares remained under CAA domain—albeit a diminishing one.
CAA said such markets to begin deregulation next month include routes to Israel, Russia, Egypt, Ghana, Mauritius, Nigeria, South Africa, Bangladesh, India, Pakistan, Japan, Thailand, Mexico and Brazil.
20/11/06 Business Travel News, US

To Read the News in full at Source, Click the Headline