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Capping Of Air Fares

Domestic airlines get a boost as Centre lifts cap on ticket prices

Shares of top airline IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to 2084.6 rupees while smaller rival SpiceJet Ltd jumped as much as 7% to 47.9 rupees

Domestic airlines get a boost as Centre lifts cap on ticket prices
Updated On : 11 Aug 2022 | 11:59 AM IST

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Oil prices, muted traffic: Why airlines may not benefit from airfare hike
Updated On : 12 Feb 2021 | 10:19 PM IST

Delhi HC refuses to interfere with govt's order on setting caps on airfare

The bench said that in the present situation of the Covid-19 pandemic, the exercise of this power by the government 'cannot be said to be arbitrary or unreasonable'

Delhi HC refuses to interfere with govt's order on setting caps on airfare
Updated On : 05 Jun 2020 | 6:33 PM IST

Hairbrained idea: Capping air fares will be counterproductive

The government should focus on improving infrastructure , making it easy for new supply to be created, and laying down parameters for minimum safety standards, instead of fixing prices

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Updated On : 13 Mar 2018 | 6:02 AM IST