AURANGABAD: The airline industry, on Wednesday, have issued circulars informing their respective ticket counters that in case of cancellation of tickets, the amount will be refunded through bank accounts.
Soon after they received the circular, the counters were requesting bank account details of commuters buying tickets for travel in the next three days, reports The Times of India.
The airline industry has been given an exemption of 72 hours for accepting the currency notes of Rs 500 and Rs 1,000.
In a ripple effect, all the private airliners have doubled the cancellation charges for domestic flights from Rs 2,250 to Rs 5,000.
Expecting an increase in the purchase of air tickets by black-money hoarders, the airline industry has made it mandatory for people to submit a photocopy of PAN card or AADHAR card for cash payments above Rs 50,000.