Centre Rules Out Airfare Caps For Festive Season
· Business · Indian Express, Times of India
The Indian government has decided against imposing a cap on airfares during the upcoming festive season. Instead, authorities intend to request that airlines maintain reasonable pricing for passengers. The decision leaves ticket pricing to market dynamics rather than regulatory ceilings.
Why it matters
The decision means air travellers may face higher costs during peak festive demand as airlines retain the freedom to adjust prices based on supply and demand.
Read the original report — Indian Express
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.