Press Esc to close
Saturday 02 July 2016
News updated at 12:08 AM IST
Weather
Max: 28°C
Min : 20°C
In Bengaluru
Partially cloudy

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
Bollywood actors Kalki Koechlin and Imaran Khan during the special screening of short film...

Bollywood actors Kalki Koechlin and Imaran Khan during the special screening of short film...

Muslims offering last Friday prayers in front of Tipu Sultan Mosque in Kolkata during the holy...

Muslims offering last Friday prayers in front of Tipu Sultan Mosque in Kolkata during the holy...

People climb stairs at Agrasen ki Baoli in New Delhi...

People climb stairs at Agrasen ki Baoli in New Delhi...

A priest performs worship near Light Combat Aircraft (LCA) Tejas during a ceremony...

A priest performs worship near Light Combat Aircraft (LCA) Tejas during a ceremony...

Police personnel with the bikes after the launch of 'Rapid Rural Police Response System' at Punjab..

Police personnel with the bikes after the launch of 'Rapid Rural Police Response System' at Punjab..

Thomas Shannon, US Under Secretary of State for Political Affaira visits the country's oldest...

Thomas Shannon, US Under Secretary of State for Political Affaira visits the country's oldest...

A peocock flies at the Rajbhavan in Mumbai on Friday...

A peocock flies at the Rajbhavan in Mumbai on Friday...

Naval NCC cadets of West Bengal and Sikkim...

Naval NCC cadets of West Bengal and Sikkim...

A view of the Taj Mahal as cloud hover in the...

A view of the Taj Mahal as cloud hover in the...

Army personnel take positions the house where militants were hiding...

Army personnel take positions the house where militants were hiding...

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