SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 19 Apr, 2019  

Flight.9.thmb.jpg Avoid predatory pricing, government tells airlines

Flight.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 19 Apr, 2019
A day after Jet Airways temporarily suspended operations, the government has strictly advised domestic airlines not to indulge in predatory pricing and keep air fares affordable, a senior official said here on Thursday.

After meeting with airlines representatives, Civil Aviation Secretary Pradeep Singh Kharola said: "We have given a strict advice to the airlines that they should not resort to predatory pricing and as far as possible the prices have to be kept at affordable levels."

The official said that Directorate General of Civil Aviation (DGCA) is closely monitoring the air fare situation.

Last Tuesday the government had advised domestic airlines to keep air fares in check after high prices were found on around 10 routes.

The revelation that time was made as DGCA monitored 40 high-density routes. The regulator compared current prices with those between March 7 and 14 and found high fares on 10 routes.

Besides, Kharola said that Air India has already introduced rescue or special fares to Jet Airways stranded passengers at international stations.

"We also suggested to the airlines that sometimes for the help of stranded passengers, they can have something called rescue fairs which is especially applicable to international passengers whose flights have been cancelled," Kharola said.

"Air India is the first airline to respond to it and they have already introduced special fares for passengers stranded at international destinations."

The development comes a day after Jet Airways announced the temporary suspension of all its flight services from Wednesday night as it failed to secure interim funding for maintaining even bare minimum operations.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter