Press Esc to close
Friday 29 May 2015
News updated at 11:52 AM IST
Weather
Max: 33°C
Min : 22.3°C
In Bengaluru
Sunny day

No move to regulate airfares: Govt

NEW DELHI, Dec 4, 2012, DHNS:

Amid large scale complaints about an exorbitant hike in airfares during Diwali, Civil Aviation Minister Ajit Singh on Tuesday said the government was working on ways to make fares more transparent but ruled out any move to regulate them.

“The government is trying to make airfares more transparent and reasonable,” Singh told reporters on queries whether there was any move to regulate fare in the wake of unreasonable rise on the eve of Diwali.

 He said there was no move to regulate the airfares.

 On Diwali-eve, some of the airlines raised the economy class tickets from Mumbai to Kolkata between Rs 35,000 and Rs 43,000, while prices for business class tickets went up as high as Rs 60,000.

The minister said that the government was also looking at making the bucket system more reasonable.

Airlines have a system of putting seats in different fare buckets and the fares rise from within the bucket as the aircraft gets filled.

But, when there is a heavy demand, specially during the festive season, the fares often exceed the bucket by a huge margin. This happened during Diwali when the fares in most of the routes were up 15 per cent over the last Diwali spurt.

 Singh, however defended the current spurt in fares across airlines, saying it was due to a spurt in overall cost, which included oil prices, airport charges and levy of some taxes by states.

 The International Air Transport Association has also from time-to-time spoken against regulating the competitive aviation market. But, high fuel costs are the main problem, which pushes up the cost making airlines to resort to increasing fares.
 


Go to Top

Photo Gallery
Devotees arrive at Sangam to take holy bath in Ganga River

Devotees arrive at Sangam to take holy bath in Ganga River

Students celebrate their success after the announcement of CBSE class 10th results...

Students celebrate their success after the announcement of CBSE class 10th results...

Monkeys drink water from a tap on a hot day...

Monkeys drink water from a tap on a hot day...

Bollywood actors Arjun Kapoor, Shahid Kapoor, Sonakshi Sinha, Anil Kapoor and Hrithik Roshan...

Bollywood actors Arjun Kapoor, Shahid Kapoor, Sonakshi Sinha, Anil Kapoor and Hrithik Roshan...

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar sit on Silver Throne...

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar sit on Silver Throne...

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar and Pramoda Devi Wadiyar....

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar and Pramoda Devi Wadiyar....

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar sit on Silver Chariot...

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar sit on Silver Chariot...

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar perform a Yagna during....

Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar perform a Yagna during....

Relatives of Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar ...

Relatives of Adopted son Yadhuveer Krishnadatta Chamaraja Wadiyar ...

Yaduveer Krishnanadatta Chamaraja Wadiyar at a ritual in Mysore on Wednesday....

Yaduveer Krishnanadatta Chamaraja Wadiyar at a ritual in Mysore on Wednesday....

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523