Airfares up but DGCA sees no alarming trend

New Delhi: Airfares have shot up in the past fortnight mainly on account of crisis in Kingfisher Airlines but the aviation regulator DGCA today said the hike did not indicate any "alarming trend".
Following the reports, Directorate General of Civil Aviation (DGCA) studied the recent pricing trends and "concluded that the air fare offered by various scheduled domestic airlines on different sectors remained within the fare bands available on their respective websites," an official spokesperson said.
The fare bands, from the lowest to the highest per sector, are proposed to the regulator by the airlines themselves.
"Random monitoring of airfares by DGCA has not revealed an alarming trend," the spokesperson said.
16/07/12 Press Trust of India/Business Standard

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Categories: Indian Aviation- In General Jul 2012