The decision to remove the cap on air fare will be based on the prices of ATF, the minister said this – न्यूज़लीड India

The decision to remove the cap on air fare will be based on the prices of ATF, the minister said this


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oi-Rahul Kumar

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Published: Wednesday, August 10, 2022, 16:29 [IST]

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New Delhi, August 10: Civil Aviation Minister Jyotiraditya Scindia has said that the government will definitely re-evaluate the fare cap fixed for domestic airlines once a healthy environment emerges in terms of jet fuel prices.

Decision to remove cap on airfares will be based on ATF prices

Explain that the aviation sector is in recovery mode after the Corona crisis. Especially with the increasing number of passengers, this time is very important. Akasa Air has also entered the Indian aviation sector. It is the first airline to start domestic air service in the last eight years.

Let us inform that in the midst of the Corona epidemic, the government had implemented a fare cap system for airlines in the past. Accordingly, the government fixes a band of minimum and maximum fares of airlines at an interval of every 15 days. Airlines cannot keep their fares above or below this band. The fare capping system is reviewed every 15 days.

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In a conversation with news agency PTI, Civil Aviation Minister Jyotiraditya Scindia has said that Scindia said that at present the fares of airlines are not very close to the low part of the fare cap and far from the high part of the fare cap. .

We are waiting for the ATF prices to come down in the meantime, after that we will definitely take a concrete decision on the fares. In May last, Jyotiraditya Scindia had said that the Faircap system is acting as a protector for air travelers.

english summary

Decision to remove cap on airfares will be based on ATF prices

Story first published: Wednesday, August 10, 2022, 16:29 [IST]

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