{"id":537892,"date":"2022-11-23T11:05:52","date_gmt":"2022-11-23T05:35:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=537892"},"modified":"2022-11-23T12:06:34","modified_gmt":"2022-11-23T06:36:34","slug":"air-ticket-rates-hurting-wallet-centre-not-to-intervene-in-price-mechanism","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-ticket-rates-hurting-wallet-centre-not-to-intervene-in-price-mechanism\/","title":{"rendered":"Air ticket rates hurting wallet? Centre not to intervene in price mechanism"},"content":{"rendered":"<p>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.<\/p>\n<p>&#8220;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,&#8221; an official told Mint.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &#8220;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,&#8221; an official told Mint. The report added that if any airline charges Rs [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-537892","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537892","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=537892"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537892\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=537892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=537892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=537892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}