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Aviation
Parliamentary Panel suggests route-specific capping of airfares amid price surge

Parliamentary Panel suggests route-specific capping of airfares amid price surge

A Parliamentary panel has proposed route-specific capping of airfares and setting up of a separate entity to exercise control over air ticket prices, amid concerns in various quarters about surging fares. After considering the responses

Ministry
Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Despite ‘reasonable profit’ is among the factors considered by airlines while fixing tariffs, it has no set definition, a parliamentary panel has pointed out. It has recommended that the Ministry of Civil Aviation (MoCA) define

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