Aviation Regulator Reviewing Airfare Hike On Specific Routes: Official
Aviation watchdog DGCA (Directorate General of Civil Aviation) is reviewing the hike in airfare on specific routes across the country and it has advised airlines to increase flights so that the fares remain in check, a senior official said. The DGCA held a meeting on Tuesday to discuss the upward spiral in airfares as Jet Airways continues to ground its aircraft and cancel a significant number of flights.
The cash-strapped airline on Monday said it had grounded four more planes, taking the number of aircraft that were non-operational due to non-payment of lease rentals to 41.
"We have not issued any diktat to the airlines. We have just advised them that they should increase their capacity to keep airfares in check," the senior DGCA official told PTI.
He added that the regulator is currently "reviewing hike in airfare on specific routes".
He said the airlines have stated that they will keep airfares under control that have increased due to various domestic factors.
As per the Jet Airways' website, it has a fleet of 119 aircraft in total. Earlier in the day, the DGCA issued a statement saying that only 41 aircraft of cash-strapped airline are currently available for operation.
Talking about Jet Airways' situation, the DGCA statement said there may be "further attrition" of flights "in coming weeks" as, it observed, the situation as "dynamic".
For the past few weeks, passengers have been venting their ire on social media as the airline's flight cancellations have increased gradually due to the rising number of grounded aircraft.
Moreover, after the DGCA grounded all 12 of SpiceJet's 737 Max aircraft on March 13 following the Ethiopian Airlines crash, which killed 157 people, the problem of rising airfares in domestic market has aggravated.Â
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.