“We are sure this area is ready for growth in domestic traffic”: Jyotiraditya Scindia
New Delhi:
Airlines will be free to decide what to charge passengers from August 31; The government has abolished the airfares limit when the pandemic started.
Airlines are reporting big losses, but some said that now with no restrictions on fares – both upper and lower limits removed – they may discount tickets to ensure increased passenger volume.
Vinmara Longani, head of operations, Sarin & Co, told NDTV, “I consider it a positive for commuters as there should be a reduction in fares.”
“I think this is an excellent move for the consumers as well as the airlines,” said aviation expert Parvez Damania.
The decision to remove the airfare cap has been taken after careful analysis of the daily demand and prices of air turbine fuel. The stabilization has begun and we are sure that the region is poised for an increase in domestic traffic in the near future. https://t.co/qxinNNxYyu
– Jyotiraditya M. Scindia (@JM_Scindia) 10 August 2022
Aviation tweeted, “The decision to remove airfares has been taken after careful analysis of daily demand and air turbine fuel prices. Stabilization has begun and we are certain that the sector will witness an increase in domestic traffic in the near future.” ready for.” Minister Jyotiraditya Scindia.
The government, in a rare move, had regulated fares by levying minimum and maximum bands based on the duration of the flight to check the rise in ticket prices due to demand arising out of the easing of restrictions on air travel.
The aviation industry was the worst affected during the pandemic.