DGCA steps in, domestic air fares may see a drop

New Delhi: India's civil aviation regulator on Monday directed all domestic airlines to check the exponential rises in air fares, even as demand declined in May by 0.87 per cent and stood at 54.48 lakh passengers.
According to the Director General of Civil Aviation (DGCA), the airlines were also directed to have a relook on the route-wise airfares offered in the highest fare bucket, so as to rationalise phenomenally high fares.
"Scheduled domestic airlines have now proposed reduction of airfares in the highest fare bucket on various routes in the domestic network between five per cent to 20 per cent," an official statement from the civil aviation ministry said.
19/06/12 IANS/IBN Live

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Categories: Indian Aviation- In General Jun 2012