NEW DELHI:
With most domestic carriers coming out with steep discounts, the “movement” of air fares has now come under the scanner of the Civil Aviation Ministry.
While there is no official word, sources said the Ministry is taking a fresh look at the air fare movement and the matter is also being discussed with the aviation regulator Directorate General of Civil Aviation (DGCA).
However, specific details about what aspects of air fare “movement” are being looked at could not be ascertained.
The Ministry had in December last year circulated an internal note for discussion, proposing to cap maximum and minimum air fares for the economy class.
The latest move assumes significance at a time when almost domestic carriers have announced a series of heavy discounts in ticket prices, especially low-cost airline SpiceJet to fill some additional seats in a low demand season.
Triggering a fare war in this season — January to March period which is considered traditionally a low travel period — full service carrier Jet Airways was the first one to came out with discounts and it was followed by others. Besides SpiceJet, others are Air India, Indigo, GoAir and AirAsia India.
Adding to the latest round of air fare discounts, SpiceJet — which is going through an ownership change — today announced all inclusive fares at Rs 599 for domestic flights while in international routes, tickets are priced as low as Rs 3,499.
The bookings for the latest discount offer from SpiceJet are open till February 13 while the travel period is from July 1 to October 24.(AGENCIES)
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