NEW DELHI: The government-imposed minimum and maximum level of domestic airfares will be discontinued from August 31. The airlines will again be free to charge as per market forces of demand and supply.
For passengers, this could mean lower fares in lean travel periods to fill up planes and even higher fares in the coming busy travel season.
“Airlines will be able to offer lower pricing to customers on sectors/routes where flight loads are comparatively lower. Certain flight routes for instance metros like Mumbai, Delhi and Bengaluru are likely to witness surge in pricing,” said Indiver Rastogi of Thomas Cook (India) & SOTC.
