NS ministry of civil aviation declared that the lower and upper limits airfares Any time will be kept for 15 days. After the 15th day, airlines will be free to charge without any limit. From August 12 this year, the roll-over period was 30 days and airlines It is being charged without any limit after the end of the rollover period i.e. 31st day.
Explaining the rule, the Ministry of Civil Aviation, explaining the change in the rule, said: “If the current date is September 20, the fare band will remain in force till October 4. For travel on or after October 5, any booking made on September 20 will not be handled by the fare band.” These upper and lower limits of airfares were implemented after the resumption of domestic flight operations following the COVID-19 pandemic. This was done with the intention of boosting air traffic because right after the COVID-19 induced lockdown, people were alert and skeptical of traveling from one place to another. Lower limits put in place to help those Those who are struggling financially due to travel restrictions related to coronavirus. Upper caps were placed on the exorbitant airfares people paid in times of high demand. Now, the ministry has revised the cap and increased both the upper and lower limits. The ministry has also made it clear that this limit will be applicable only if the tickets are being booked 15 days in advance.
This new directive of the government is going to affect those who are booking flights for planned travel, but the subsidy on emergency travel will continue as this limit will be applicable on tickets booked 15 days in advance. Also, one thing to note here is that if the tickets are booked before a month, there will be no price cap, which means airlines are free to charge as per their own fare chart. This means that if the ticket is booked a month in advance, then the ticket price can now be higher.
Since the flights have resumed operations after the lifting of the lockdown restrictions, their fares have increased by more than four times. According to an official order, the Ministry of Civil Aviation has increased the lower and upper limits of fares by 9.83 per cent to 12.82 per cent. Due to this directive, there is bound to be an increase in the prices of emergency traveling and domestic airlines. On May 25, 2020, India imposed lower and upper limits on airfares based on flight duration when services resumed after a two-month lockdown due to coronavirus. The lower cap was imposed to help airlines struggling financially due to travel restrictions related to the coronavirus. The upper limit was imposed so that passengers are not charged heavy fees when the demand for seats is high.
In August, domestic airlines carried 6.7 million passengers, compared to 2.8 million in the year-ago period, the Directorate General of Civil Aviation said on Thursday. There was a sharp jump in traffic, which means people are traveling and the speed seems to be pretty steady. InterGlobe Aviation, which runs India’s largest airline, IndiGo, posted gains in the fourth session and hit a record high of Rs 2,168.80 on Friday, while SpiceJet shares rose as much as 7.9 per cent to Rs 81.9, their highest in two months. is the highest level.
read all breaking news, breaking news And coronavirus news Here
.