In an unprecedented move, Civil Aviation Minister, Hardeep Singh Puri on Thursday announced the capping of airfares in India until 24th August 2020.
The minister said that the capping of airfares has been calculated keeping in mind the interests of passengers as well as the airlines. A set of seven categories has been created what starting with flights with a travel time of under 40 minutes, and six other categories with an increment of 30 minutes travel time. The minimum and maximum ticket fare for Delhi – Mumbai flight which is one of the busiest routes of the country will be INR 3500 & 10,000 respectively.
The minister also explained that 3 buckets have been the first one being allocated with 40% of the seats to be sold at a fare that is lower than the midpoint of maximum fare. He clarified that this measure has been introduced only for a limited time.