Airfare Regulation News - Latest Updates & Headlines
Airfares can't be capped as deregulated market drives growth in aviation: Naidu
New Delhi, Dec 12: Civil Aviation Minister Ram Mohan Naidu said in the Lok Sabha on Friday that it would not be feasible for the government to cap airfares throughout the year in a deregulated market, which has enabled India’s aviation sector to grow at a rapid pace that has ultimately benefited consumers.
DGCA's tariff monitoring unit keeping airfares on 78 routes in check: Minister
New Delhi, Dec 8: The Directorate General of Civil Aviation (DGCA) has set up a Tariff Monitoring Unit (TMU) that monitors airfares on selected 78 routes on a random basis by using airlines' websites on a monthly basis to ensure that the airlines do not charge airfares outside the range declared by them, the Parliament was informed on Monday.