Capping Of Airfares

After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts.

Shares of Indian domestic airlines rose on Thursday, a day after the civil aviation ministry said it will remove the restrictions on ticket prices

The limits imposed on airfares and on number of domestic flights that can be operated in the Indian market will extend till May 31, said the Civil Aviation Ministry on Monday.

Passengers will have to spend more money for air travel from now as the Civil Aviation Ministry on Thursday increased the lower and upper limits on domestic airfares by 10 to 30 per cent.

Emphasising that capping of airfares was an "extraordinary measure", Union Minister Hardeep Singh Puri on Wednesday said the price bands are expected to be done away with once flight services reach pre-COVID-19 levels.

Airfare bands are not going to be permanent and will be done away with as soon as normal flight operations resume, Civil Aviation Secretary Pradeep Singh Kharola said on Thursday.

The upper and lower limits on domestic airfares will remain in place for another three months post November 24, Civil Aviation Minister Hardeep Singh Puri on Thursday.

The upper and lower limits on domestic airfares have been extended till November 24, the Aviation Ministry said today. The ministry had on May 21 placed these limits through seven bands, classified on the basis of flight duration, till August 24.

Air India today capped fares of its Srinagar flights till August 15, a day after the Ministry of Aviation told all the airlines to curb the surging air ticket prices "for pilgrims returning from Amarnath dham".

Pricing deregulation has allowed competition to bring down prices dramatically in India, the government said.

The Civil Aviation Ministry has said caps on air ticket prices under the UDAN scheme would be revised on a quarterly basis.

Prime Minister Narendra Modi today launched the ambitious UDAN in Shimla, a scheme to help people to fly cheap to small-towns. In a series of tweets, the Prime Minister's Office had said the airfare for a one-hour journey of 500 km has been capped at Rs 2,500, which will be an all-inclusive charge. For longer routes and flight duration, the pricing...

The suggestion comes amid persisting concerns among certain quarters that airlines are levying high airfares, especially during festival seasons.

Air passengers on major routes will soon have to shell out more for flights to fund the regional connectivity scheme under which fares will be capped at Rs 2,500 for one-hour flights.

Flyers will soon have a reason to smile as the revised norms that caps ticket cancellation charges and bars airlines from levying additional amount for refund process are coming into force from August 1.

After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts.

Shares of Indian domestic airlines rose on Thursday, a day after the civil aviation ministry said it will remove the restrictions on ticket prices

The limits imposed on airfares and on number of domestic flights that can be operated in the Indian market will extend till May 31, said the Civil Aviation Ministry on Monday.

Passengers will have to spend more money for air travel from now as the Civil Aviation Ministry on Thursday increased the lower and upper limits on domestic airfares by 10 to 30 per cent.

Emphasising that capping of airfares was an "extraordinary measure", Union Minister Hardeep Singh Puri on Wednesday said the price bands are expected to be done away with once flight services reach pre-COVID-19 levels.

Airfare bands are not going to be permanent and will be done away with as soon as normal flight operations resume, Civil Aviation Secretary Pradeep Singh Kharola said on Thursday.

The upper and lower limits on domestic airfares will remain in place for another three months post November 24, Civil Aviation Minister Hardeep Singh Puri on Thursday.

The upper and lower limits on domestic airfares have been extended till November 24, the Aviation Ministry said today. The ministry had on May 21 placed these limits through seven bands, classified on the basis of flight duration, till August 24.

Air India today capped fares of its Srinagar flights till August 15, a day after the Ministry of Aviation told all the airlines to curb the surging air ticket prices "for pilgrims returning from Amarnath dham".

Pricing deregulation has allowed competition to bring down prices dramatically in India, the government said.

The Civil Aviation Ministry has said caps on air ticket prices under the UDAN scheme would be revised on a quarterly basis.

Prime Minister Narendra Modi today launched the ambitious UDAN in Shimla, a scheme to help people to fly cheap to small-towns. In a series of tweets, the Prime Minister's Office had said the airfare for a one-hour journey of 500 km has been capped at Rs 2,500, which will be an all-inclusive charge. For longer routes and flight duration, the pricing...

The suggestion comes amid persisting concerns among certain quarters that airlines are levying high airfares, especially during festival seasons.

Air passengers on major routes will soon have to shell out more for flights to fund the regional connectivity scheme under which fares will be capped at Rs 2,500 for one-hour flights.

Flyers will soon have a reason to smile as the revised norms that caps ticket cancellation charges and bars airlines from levying additional amount for refund process are coming into force from August 1.