Predatory airfare pricing going on, airlines will shut down if it continues: Aviation Minister Hardeep Singh Puri
New Delhi: In the backdrop of Indian airline companies reporting huge losses in the second quarter of 2019-20, Aviation Minister Hardeep Singh Puri said on Tuesday that “some predatory pricing is taking place” in airfares and the government is concerned that if this continues, more airlines will shut down.
He, however, ruled out any government plan to regulate fares.
