DGCA warns airlines on mounting fares

New Delhi: With air fares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator DGCA today warned airlines not to raise air ticket prices beyond a given range. "There are price bands. Probably, the airlines are operating on the highest bands. … Some upward movement due to large […]

New Delhi: With air fares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator DGCA today warned airlines not to raise air ticket prices beyond a given range.

"There are price bands. Probably, the airlines are operating on the highest bands. ... Some upward movement due to large scale cancellations by a big airline (Kingfisher). We are closely monitoring the fares. We keep nudging them (airlines) if they go beyond the price band," DGCA chief E K Bharat Bhushan told reporters here.