May 19, 2016 4:37 PM

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Need to discuss with airlines on capping airfares: DGCA

Amid concerns over steep fluctuations in airfares, aviation regulator Directorate General of Civil Aviation (DGCA) today said discussions need to be held with airlines before any decision on fixing upper cap on ticket prices. To a query on whether capping airfare is a practical option in the context of free market principles, DGCA Director General M Sathiyavathy said there is a need to have discussions.According to Sathiyavathy, airlines have come forward and offered extra flights during crisis times such as at the time of Chennai floods.DGCA would start making public from this month the highest fare bucket rates levied by domestic airlines.The DGCA is expected to release tomorrow the air traffic data for the month of April along with high fare bucket details.

May 19, 2016 4:14 PM

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Need to discuss with airlines on capping airfares: DGCA

Amid concerns over steep fluctuations in airfares, aviation regulator Directorate General of Civil Aviation (DGCA) today said discussions need to be held with airlines before any decision on fixing upper cap on ticket prices. <br/><br/>To a query on whether capping airfare is a practical option in the context of free market principles, DGCA Director General M Sathiyavathy said there is a need to have discussions.<br/><br/>According to Sathiyavathy, airlines have come forward and offered extra flights during crisis times such as at the time of Chennai floods.<br/><br/>DGCA would start making public from this month the highest fare bucket rates levied by domestic airlines.<br/><br/>The DGCA is expected to release tomorrow the air traffic data for the month of April along with high fare bucket details.

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