Airfare regulation in focus! Parliamentary panel proposes route-specific airfare caps amid escalating concerns

A Parliamentary panel on Thursday (February 8) suggested implementing route-specific caps on airfares and establishing a dedicated authority to oversee ticket prices, addressing concerns over escalating fares.

After reviewing the civil aviation ministry’s responses on airfares, the committee concluded that airline self-regulation on ticket pricing has been ineffective. The Department-related Parliamentary Standing Committee on Transport, Tourism, and Culture presented a report on the government’s actions regarding its recommendations on airfare regulation.