New Delhi: The sudden spurt in prices of domestic air tickets, triggered by the employees' strike in the state-run Air India, have come under scrutiny of the anti-competition watch dog Competition Commission of India (CCI).
The investigation wing of CCI, headed by its director-general (DG), has asked senior executives of all low-cost airlines to explain the price increase that took place in the last 10 days. Around 800 pilots of Indian Commercial Pilots Association (ICPA), a union of erstwhile Indian Airlines pilots, are on strike since April 27 demanding pay parity with their Air India counterparts.
While the chief executive officer of GoAir is known to have explained his airlines' position today, several senior executives from other private airlines such as SpiceJet and Jet Airways have deposed before the investigation officer in the last few days.
GoAir’s CEO did not respond to phone calls and text messages. A SpiceJet executive declined to comment. “We have not been called by the CCI on the alleged fare increase issue following the Air India strike,” said a senior SpiceJet executive, who did not want to be identified. “The airlines said, about 20 per cent of their seats come within the high-price bracket. But how can they increase the price across all slabs?” a source close to the development asked.
07/05/11 Joe C Mathew & Mihir Mishra/Business Standard
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