Government to soon address predatory pricing by airlines
Advertisement
Advertisement
Prime Minister "It (predatory pricing) is a concern of a majority of Parliamentarians, including the Prime Minister, and needs to be addressed," Sharma, Minister of State for Civil Aviation, said here on the sidelines of an industry event, organised by the
He added that the airlines need to reduce fares and not hike them particularly when it comes to emergency travel like in medical emergency.
There could be three approaches to prevent predatory pricing ways, Sharma said, adding, "We will take the airlines into confidence and tell them that the practice (of predatory pricing) is giving a bad name to the industry."
A mechanism can also be there through the Directorate General of Civil Aviation (DGCA) or through national carrier
Advertisement
Concerns have been expressed in various quarters, including by Parliamentarians, over drastic fluctuations in air fares.
In May, a group of Parliamentarians, led by BJP leader Kirit Somaiya, had met Competition Commission of India Chairman Ashok Chawla and lodged a complaint against carriers on the issue of air ticket pricing.
The ministry had last year circulated a note for internal discussion wherein it suggested steps to cap economy class air fares at minimum and maximum levels.
(Image credits: Indiatimes)
Advertisement
- 5 things to avoid doing if your phone gets wet
- Intense rains quench Uttarakhand’s wildfire frenzy; Supreme Court tells state govt. to stop relying on rain god
- IPL decoded: Can RCB still qualify? Probabilities of IPL teams qualifying for the playoffs
- IPL decoded: Hasty 100s - The fastest centuries in IPL 2024 so far
- 5 pasta types for home cooking enthusiasts
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market