Intense competition rules out the need for airfare capping, says aviation minister
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Civil Aviation Minister
Raju said that restricting the airfares is against the better judgement as per business sense, and it could also discourage airlines from flying on non-profitable routes, thereby complicating the government's plan for pan India connectivity, a part of which includes 32 airports built by Airport Authority of India at a cost of Rs 3,000 crore, which were lying "unconnected".
He, however, added that one could soon expect some of passenger-centric measures like "time-bound" grievance redressal mechanism.
One could also expect rationalisation of ticket-cancellation charges, which would most likely be capped around the base fare, as against current exorbitant fees.
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He also went on to say that air ticket prices have come down significantly over the past few years.
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