Aviation

Ministry to regulate airfares through CCI


DELHI 
Ticket pricing by airlines is set to come under scrutiny, with the civil aviation ministry roping in anti-trust watchdog Competition Commission of India (CCI) to keep in check indiscriminate airfare increases in domestic aviation.

The ministry, which will soon make operational an economic cell to monitor domestic airlines’ pricing mechanism, is looking at forwarding reports to CCI to take corrective action in the event of discrepancies in airfares.

Civil Aviation Minister Ajit Singh said: “The airfare monitoring cell is ready and will soon be commissioned under the aegis of the ministry. The economic cell would analyse data on tickets sold by airlines under different price buckets and make the information public to bring in transparency in airfare pricing. In case there are discrepancies, it would be referred to CCI.”

Full report here Business Standard 

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