New Delhi: Parliamentarians have yet again sought a sector-wise upper cap on airfares after getting complaints from travelling public about high spot fares during certain times when demand peaks. The MPs have accused that the aviation ministry, “though aware of the rampant exploitation”, has not done enough to regulate airfares. Accordingly, a report of the standing committee on transport, culture and tourism tabled in Parliament earlier this week has sought to cap of fares.
“Concerted efforts should be made to ensure that airlines increase low fare bucket seats … With every long weekend and vacation in sight, airfares are increased manifold. Even during natural calamities, people are not spared extremely high fares,” the report said.
The aviation ministry’s stand on this frequently-raised demand has been that it cannot regulate airfares which are determined by free competition between airlines and is a factor of demand and supply of seats. In its reply to this demand, the ministry has said every airline determines “tariff having regard to all relevant factors, including the cost of operation, characteristic of services, reasonable profit and the generally prevailing tariff. Airlines are free to charge reasonable airfares as per their operation viabilities…”
21/12/18 Saurabh Sinha/Times of India
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“Concerted efforts should be made to ensure that airlines increase low fare bucket seats … With every long weekend and vacation in sight, airfares are increased manifold. Even during natural calamities, people are not spared extremely high fares,” the report said.
The aviation ministry’s stand on this frequently-raised demand has been that it cannot regulate airfares which are determined by free competition between airlines and is a factor of demand and supply of seats. In its reply to this demand, the ministry has said every airline determines “tariff having regard to all relevant factors, including the cost of operation, characteristic of services, reasonable profit and the generally prevailing tariff. Airlines are free to charge reasonable airfares as per their operation viabilities…”
21/12/18 Saurabh Sinha/Times of India
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