Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Democracy that banks on the electorate
access_time 28 March 2024 5:34 AM GMT
Lessons to learn from Moscow terror attack
access_time 27 March 2024 6:10 AM GMT
Gaza
access_time 26 March 2024 4:34 AM GMT
The poison is not in words, but inside
access_time 25 March 2024 5:42 AM GMT
A witchhunt, plain and simple
access_time 23 March 2024 9:35 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
When ‘Jai Sree Ram’ becomes a death call
access_time 15 Feb 2024 9:54 AM GMT
exit_to_app
Homechevron_rightIndiachevron_rightGovernment removes...

Government removes caps on domestic airfare effective from Aug 31

text_fields
bookmark_border
Government removes caps on domestic airfare effective from Aug 31
cancel

NEW DELHI: After roughly 27 months, restrictions on domestic airfare will be lifted on August 31. This announcement was made by the Union Aviation Ministry on Wednesday.

"The decision to remove airfare caps has been taken after careful analysis of daily demand and prices of air turbine fuel (ATF). Stabilisation has set in and we are certain that the sector is poised for growth in domestic traffic in the near future," Aviation Minister Jyotiraditya Scindia said on Twitter.

ATF prices have been coming down during the last few weeks after jumping to record levels, primarily due to the Russia-Ukraine war that began on February 24.

On August 1, the price of ATF in Delhi was Rs 1.21 lakh per kilo-litre, which was around 14 per cent lower than last month.

The ministry had imposed lower and upper limits on domestic airfares based on flight durations when services were resumed on May 25, 2020, after a two-month lockdown due to the Covid-19 pandemic.

For example, airlines currently cannot charge a passenger less than Rs 2,900 (excluding GST) and more than Rs 8,800 (excluding GST) for domestic flights of less than 40 minutes.

The lower caps were there to protect the financially weaker airlines and the upper caps to protect passengers from high fares.

On Wednesday, the Civil Aviation Ministry stated in an order: "After review of the current status of scheduled domestic operations viz-a-viz passenger demand for air travel. It has been decided to remove the fare bands notified from time to time regarding the airfares with effect from August 31, 2022."

However, the instructions to stop the spread of Covid-19 must be properly followed, and Covid-appropriate behaviour must be strictly enforced by them while travelling, it was stated.

Vinod Kannan, CEO of Vistara, stated on June 19 that while he would be pleased if the lower and maximum limitations on airfares were raised, the best option would be for the airlines to have complete discretion over pricing.

With PTI inputs

Show Full Article
TAGS:Aviation ministryAirfare
Next Story