New Delhi: Union aviation minister Jyotiraditya Scindia Domestic airlines on Monday asked to increase capacity on routes after which there has been a sharp increase in air fares. go first Suspended flights on May 2 this year.
While international airfares are at a record high from 2021, now domestic ticket prices are also close to an all-time high. For example, the Delhi-Leh return ticket went up to Rs 52,000 on budget airlines a few days ago, while the Delhi-Paris return fare was Rs 56,000 at that time.
Scindia held a meeting with the airlines on Monday to discuss the issue. “The minister shared his concern about the price hike on some routes. He has asked airlines to self-monitor airfares on some routes that have seen a significant increase recently, especially those previously being serviced by GoFirst. They have been asked to devise a mechanism to ensure fair pricing within the higher RBD (Reservation Booking Designator). It will be monitored by the DGCA,” said an official.
Airlines reserve a fixed number of seats in different fare buckets. As soon as a price level gets sold, rent Go to the next, higher level. Since air fares are regulated, there is not much the government or DGCA can do about the same rising during crunch times – such as when an airline is closed and is in peak travel season. The collapse of GoFirst in May, just ahead of the summer travel season, dealt a double whammy on both counts.
While international airfares are at a record high from 2021, now domestic ticket prices are also close to an all-time high. For example, the Delhi-Leh return ticket went up to Rs 52,000 on budget airlines a few days ago, while the Delhi-Paris return fare was Rs 56,000 at that time.
Scindia held a meeting with the airlines on Monday to discuss the issue. “The minister shared his concern about the price hike on some routes. He has asked airlines to self-monitor airfares on some routes that have seen a significant increase recently, especially those previously being serviced by GoFirst. They have been asked to devise a mechanism to ensure fair pricing within the higher RBD (Reservation Booking Designator). It will be monitored by the DGCA,” said an official.
Airlines reserve a fixed number of seats in different fare buckets. As soon as a price level gets sold, rent Go to the next, higher level. Since air fares are regulated, there is not much the government or DGCA can do about the same rising during crunch times – such as when an airline is closed and is in peak travel season. The collapse of GoFirst in May, just ahead of the summer travel season, dealt a double whammy on both counts.