Prime Minister Narendra Modi has expressed his concern over steep air fares to high density overseas routes during festival seasons and asked the Ministry of Civil Aviation to suggest ways to end this menace. According to a senior official in the ministry, Modi received representations from some Indians residing in the UAE on his recent visit to the Arab country. The Indians residing in that country pointed out that fares are being hiked by airlines during festivals like Onam, making it difficult for them to go home. The prime minister brought it up at a meeting held with ministry officials recently while he was reviewing the draft civil aviation policy. Modi's concern over high air fares is neither new nor unfounded. There has been a long drawn debate within the Ministry of Civil Aviation about how to control last-minute steep fares on domestic routes.
In fact, Minister of State for Civil Aviation Mahesh Sharma has hinted, not once but multiple times, about putting some sort of regulatory mechanism in place to dissuade airlines from indulging in what he calls "predatory pricing".
04/09/15 Sindhu Bhattacharya/CNBC-TV18/Moneycontrol.com
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In fact, Minister of State for Civil Aviation Mahesh Sharma has hinted, not once but multiple times, about putting some sort of regulatory mechanism in place to dissuade airlines from indulging in what he calls "predatory pricing".
04/09/15 Sindhu Bhattacharya/CNBC-TV18/Moneycontrol.com
