NEW DELHI: AirAsia India can appreciate limits placed on airfares as it is a “very very short term” measure, its CEO and MD Sunil Bhaskaran on Friday said, adding that the airlines and the market should ideally be left alone when it comes to deciding ticket prices.<\/p>\n
On May 21, the central government issued coronavirus-related guidelines to restart domestic flights from May 25 and prescribed a lower limit and upper limit on airfares after setting up seven categories of routes as per the flight duration. It clarified the fare limits would be in place till August 24.<\/p>\n
“Ideally, we would like it to be a free market, as far as prices are concerned. But given the circumstances and as a very very short term measure, we can appreciate it (limits on fares),” said the Chief Executive Officer and Managing Director of the low-cost carrier at a webinar of aviation consultancy firm CAPA India.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: AirAsia India can appreciate limits placed on airfares as it is a “very very short term” measure, its CEO and MD Sunil Bhaskaran on Friday said, adding that the airlines and the market should ideally be left alone when it comes to deciding ticket prices. On May 21, the central government issued coronavirus-related guidelines to restart domestic flights from May 25 and prescribed a lower limit and upper limit on airfares after setting up seven categories of routes as per the flight duration. It clarified the fare limits would be in place till August 24. “Ideally, we would […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-354476","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=354476"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354476\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=354476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=354476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=354476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}