IndiGo airline crisis: In a strong reaction to the IndiGo airline crisis, Union Civil Aviation Minister K Ram Mohan Naidu has said the Central government has the power to impose caps on airfares during extraordinary circumstances. Mentioning that the government cannot cap airfares for the entire year, the Civil Aviation Minister has said that ticket prices typically rise during the festive season.
While addressing the Lok Sabha, Union Civil Aviation Minister K Ram Mohan Naidu has said on a resolution calling for appropriate measures to regulate airfare in the country that regulating prices for one year is not possible.
“When the festive season is there, when there is a specific demand that originates in a location where most people travel, such as Kerala during Christmas and Onam, most of the people working in the Gulf want to return and spend time with their families. There are specific routes where airfares rise because of the demand that originates. During the Durga Puja, the Kolkata routes are on a surge. During Diwali, the entire North sector is on a rise,” he said.
“It is not that I can cap the airfare for an entire year for a certain sector. Market supply and market demand is very important for us to understand. They regulate the fares on their own, but we know that there are seasons and there are capacity constraints during those seasons. We have reacted accordingly,” Naidu added.
