Saturday, June 09, 2012

Significant rise in domestic air fare between April, May

New Delhi: Domestic air fares have risen "significantly" between April and May this year as compared to the same period last year, mostly due to reduction in capacity by Kingfisher Airlines and the peak holiday season.
With the Directorate General of Civil Aviation (DGCA) analysing air fare data of all airlines during this period, there appeared to be a "significant rise" in fares over the same period last year, official sources said today.
The DGCA, which has been monitoring air fares over specific days during these months, would now broad-base its analysis for a larger time-period to establish a trend and find out whether the airlines were over-charging the passengers, they said.
However, no airline was charging beyond the fare band, though there was an upward swing in the air fares, the sources said. The fare bands are submitted by the air carriers themselves and displayed on their websites.
09/06/12 Press Trust of India/Business Standard
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