Friday, June 30, 2023

Air Fares Further Slashed Up To 74% Amid Aviation Ministry's Constant Intervention

After the continuous intervention of the Civil Aviation Ministry, airfares have once again been slashed bringing respite to travellers. The need for intervention arose as post covid prices of various airlines on multiple routes had skyrocketed. 

Acting swiftly, the Ministry for Civil Aviation intervened and convened a meeting with the Airlines' advisory group on June 6 where a resolution was passed to monitor and reduce the airfares. This resulted in the deduction of the airfare by 14% to 61%. The announcement was made by Union Civil Aviation Minister Jyotiraditya Scindia on June 8. 

The prices have been further reduced between the range of 5% to 74% depending on various flight routes. 

The Director General For Civil Aviation (DGCA) is monitoring the airfare daily. 

The airfare that has been slashed today is for economy class. 

Scindia in the past had observed that the role of the aviation Ministry is that of a facilitator, not a regulator. He chaired the high-level meeting of the advisory group that had asked the airlines to self-regulate airfares and maintain reasonable price levels.

30/06/2023 Madhurima Mishra/Republic World

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