3 hrs ago
Centre Rules Out Festive Airfare Cap, Seeks Reasonable Prices
The government does not plan to set a maximum price for airplane tickets this festive season.
Instead, it will ask airlines to keep their prices reasonable.
The aviation minister said airlines are paying more for fuel.
The higher fuel cost is linked partly to the ongoing crisis in West Asia.
Fuel makes up about 40 to 43 percent of an airfare.
This means even a small fuel-price increase can make tickets more expensive.
The government regularly talks with airlines about fares during busy travel periods.
It wants travelers to benefit from fair prices during important times.
The government will not impose a cap on airfares during the upcoming festive season.
Civil Aviation Minister K Rammohan Naidu said airlines will be advised to keep fares at a reasonable level.
Naidu linked higher ticket prices to increased aviation turbine fuel costs amid the ongoing West Asia crisis.
Aviation turbine fuel accounts for 40 to 43 per cent of airfares, according to the minister.
The government has previously engaged airlines on fares during festivals and important events.
- Who
- The government, Civil Aviation Minister K Rammohan Naidu, and airlines.
- What
- The government ruled out an airfare cap for the festive season but will ask airlines to keep fares reasonable.
- Where
- The remarks were made while speaking to reporters on the sidelines of agreements for the next phase of UDAN.
- When
- Tuesday; the guidance concerns the upcoming festive season.
- Why
- Higher aviation turbine fuel costs, linked by the minister to the ongoing West Asia crisis, have increased airline operating expenses and ticket prices.
Key facts
- Airfare cap
- No cap will be imposed during the upcoming festive season.
- Government request
- Airlines will be advised to keep ticket prices at a reasonable level.
- Minister
- K Rammohan Naidu, Civil Aviation Minister.
- Fuel impact
- Aviation turbine fuel accounts for 40 to 43 per cent of airfares.
- Cost pressure
- The minister attributed higher fuel costs partly to the ongoing West Asia crisis.
- Prior engagement
- The government has previously engaged airlines over fares during festivals and important events.
- UDAN
- The remarks followed the signing of agreements for the next phase of the regional connectivity programme.
Quotes
K Rammohan Naidu
India’s Civil Aviation Minister
“We engage with the airlines continuously; we also have regular meetings with them. And we definitely point it to them that during this festive season, you have to ensure that the fair prices are kept at a reasonable level so that the people who want to travel, especially in these important times, get to see the benefit”
indianexpress.com
telegraphindia.com
Sources
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