A parliamentary panel has urged the Ministry of Civil Aviation (MoCA) to reconsider its policy on airfare regulation, given the sudden surge in prices on select routes. The panel suggests that MoCA collaborate with airlines and the Ministry of Tourism to establish a mechanism to monitor flight booking portals and prevent them from publishing inaccurate information under the guise of selling "last seats."
The Parliamentary Standing Committee on Transport, Tourism, and Culture's report titled "Issue of Fixing of Airfares" incorporates insights from various private airlines and the Association of Private Airport Operators (APAO). It proposes the formation of a monitoring body akin to the Security and Exchange Board of India (SEBI), endowed with quasi-judicial powers, to enforce reasonable airfare collection.
The report tabled in Rajya Sabha on Thursday said, "Committee reiterates its view that passengers should receive a fair deal at all times and recommends that the Ministry should have a relook in its policy regarding regulation of airfare tariff in view of the sudden surge in airfares in normal times as also during disasters and calamities and take appropriate actions in consonance with the powers delegated to it under Rule 135 of the Aircraft Act, 1937."
10/08/2023 Dhananjay Khatri/CNBC TV18
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