Friday, December 10, 2010

Ministry will keep strict vigil on airline fares: Praful Patel

New Delhi: The Civil Aviation Minister, Mr Praful Patel, said on Friday that some airline fares are exorbitant and a “matter of concern” and going forward, the Ministry would now keep a strict check on the issue. He was chairing a Parliamentary Consultative Committee meeting.
To discuss issues such as pricing, the recently formed Civil Aviation Economic Advisory Council (CAEAC), would have its first meeting in Delhi on December 13. The Council includes CEOs of all private airlines, the airline watchdog DGCA and the CEOs/CMDs of Airports Authority of India (AAI), Delhi International Airport and Mumbai International Airport. Scheduled to meet every quarter, the CAEAC will be chaired by the Secretary, Civil Aviation.
The council was set up in the backdrop of last minute airline fares sky-rocketing and is mandated to suggest regulation to protect consumer interest, like public disclosure of tariffs and conditions of service.
11/12/10 Business Line
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