With most domestic carriers coming out with steep discounts, the "movement" of air fares has now come under the scanner of the Civil Aviation Ministry.
While there is no official word, sources said the Ministry is taking a fresh look at the air fare movement and the matter is also being discussed with the aviation regulator Directorate General of Civil Aviation (DGCA).
However, specific details about what aspects of air fare "movement" are being looked at could not be ascertained.
The Ministry had in December last year circulated an internal note for discussion, proposing to cap maximum and minimum air fares for the economy class.
The latest move assumes significance at a time when almost domestic carriers have announced a series of heavy discounts in ticket prices, especially low-cost airline SpiceJet to fill some additional seats in a low demand season.
12/02/15 First Post
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While there is no official word, sources said the Ministry is taking a fresh look at the air fare movement and the matter is also being discussed with the aviation regulator Directorate General of Civil Aviation (DGCA).
However, specific details about what aspects of air fare "movement" are being looked at could not be ascertained.
The Ministry had in December last year circulated an internal note for discussion, proposing to cap maximum and minimum air fares for the economy class.
The latest move assumes significance at a time when almost domestic carriers have announced a series of heavy discounts in ticket prices, especially low-cost airline SpiceJet to fill some additional seats in a low demand season.
12/02/15 First Post
