Thursday, May 21, 2020

Cap on Airfares: Decoding the revenue impact

How will the aviation sector and business ops be affected by the easing of restrictions from May 25? Aviation Secretary, Pradeep Kharola speaks to ET NOW Ruchi Bhati in an exclusive interview. Here’s a look at the top points highlighted during the conversation.

Have been talking to all important stakeholders about starting of air travel. Lockdown restrictions are slowly being lifted. Taxis are now operative in most parts of the country. Quite confident that passengers won't face any difficulty in reaching airports. Detailed protocols for flying have been put in place. Airlines to provide with masks, shields; there will be thermal screening too. All guidelines are dynamic and will change as we progress. Will keep reviewing the fare situation. Capping airfares is more of a balancing act keeping everyone's interest in mind. Pent up demand should not be taken advantage of by any mode of transport. UDAN flights are also about to be opened in 2-3 days. Have a robust demand as far as domestic aviation is concerned. Air India disinvestment process is on, the deadline is in June. Believe Air India will find more viable pricing now. Fall in crude prices makes the carriers more viable.
To Read the News in full at Source, Click the Headline


Post a Comment