New Delhi: Civil Aviation Minister Ajit Singh on Tuesday denied any move to regulate airfares, saying all that the government intends to do is make the pricing mechanism more transparent.
"No, we are not going to regulate airfares," Singh told journalists after meeting Petroleum and Natural Gas Minister M Veerappa Moily in Delhi. "What we are trying to do is make the system for deciding the fares transparent. Public should know what is the bucket system and the range they have been given should be reasonable."
Raising doubts over the pricing of jet fuel by state oil marketing firms, Singh said he has urged the petroleum minister to bring in more transparency in fixing aviation turbine fuel (ATF) rates.
Airfares are high mainly because ATF and airport charges have soared, he said. Singh said he has sought Moily's intervention in allowing airlines to use airport infrastructure of state oil companies for importing ATF.
05/12/12 Econimic Times
