Competition Commission of India (CCI) Chairman Ashok Chawla has said the government cannot fix the maximum retail price (MRP) of airfares like other consumer items as fares are decided by market forces of demand and supply. This order effectively bars the government from regulating airfares.
Tag: airfares
Post
Post
Jet, IndiGo slash air travel fares by 30-50%
Airlines are now striving to woo travellers. On February 19, Jet Airways and IndiGo slashed airfares. Jet is offering 20 lakh seats from Rs 2,250 onwards. These seats can be booked till midnight of February 24 for travel till December 31. IndiGo slashed fares on select routes by about 30 per cent.