India’s aviation regulator asks airlines not to raise fares

New Delhi: The aviation regulator on Monday asked all airlines not to raise fares and keep ticket prices under the prescribed bands.
The instruction came after reports surfaced that domestic airlines had increased fares following cancellation of Kingfisher flights and the rise in agent booking charges.
“The prices were impacted marginally in last week as capacity in some sectors reduced. This was mainly due to Kingfisher cancelling some flights,” sources in the DGCA told IANS.?However, the aviation regulator in a statement said there was no rise in air fares over the last few days.
“The DGCA had done study of air fares and concluded that the airfare offered by various scheduled domestic airlines on different sectors remained within the fare bands available on their respective websites,” the statement said.
18/07/12 IANS/Gulf News

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Categories: Indian Aviation- In General Jul 2012