Air ticket rates hurting wallet? Centre not to intervene in price mechanism
The Centre is unlikely to intervene in the pricing mechanism of the aviation sector despite a rise in the number of consumer complaints. According to a report in Mint, the aviation ministry may not intervene in the issue of airlines charging prices for particular seats on a flight.
“Like any deregulated market, the government does not intervene in the pricing mechanism for services. The airline market is highly competitive and price-elastic. Consumers are free to choose from a variety of airlines. Prices are transparently declared in advance,” an official told Mint.
The report added that if any airline charges Rs 150-400 for window and aisle seats, they may earn an additional Rs 60,000-70,000 per flight. In some airlines, even middle seats are charged at a similar rate. The front and exit seats with extra legroom cost Rs 800-1,500 extra.
