The record
Written from the 1 report below. Nothing here is unsourced.
- The Indian government decided against imposing official price caps on airline tickets for the upcoming festive season.
- Civil Aviation Minister K Rammohan Naidu stated the government will instead maintain regular engagement with airlines to ensure costs remain reasonable.
- Rising aviation turbine fuel prices caused by the West Asia conflict are contributing to current ticket pricing.
- Airline operating costs are significantly impacted by fuel expenses which comprise approximately 40-43 percent of total ticket fares.
What to watch next
- Future discussions between the Ministry of Civil Aviation and airlines regarding fare adjustments.
- Fluctuations in aviation turbine fuel costs linked to the West Asia crisis.
Who said what2
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K Rammohan Naidu
civil aviation minister
2 quotes · 1 outlet
“We engage with the airlines continuously; we also have regular meetings with them. And we definitely point it to them that during this festive season, you have to ensure that the fair prices are kept at a reasonable level so that the people who want to travel, especially in these important times, get to see the benefit”
In the article
…phase of the regional connectivity scheme Udaan, Naidu said the government has handled airfares during festivals and important events in the past by engaging with airlines. Government to engage with airlines on fares " We engage with the airlines continuously; we also have regular meetings with them. And we definitely point it to them that during this festive season, you have to ensure that the fair prices are kept at a reasonable level so that the people who want to travel, especially in these important times, get to see the benefit ," Naidu said. He was responding to a question on whether the government would impose a cap on airfares during the forthcoming festive season. West Asia crisis pushes up aviation fuel costs Naidu said the ongoing West…
“This is not necessarily because of the festive season or anything, but there is an ongoing crisis situation”
In the article
…the forthcoming festive season. West Asia crisis pushes up aviation fuel costs Naidu said the ongoing West Asia crisis has pushed up the price of aviation turbine fuel (ATF), adding to the operating costs of airlines. " This is not necessarily because of the festive season or anything, but there is an ongoing crisis situation ," he said. The minister said fuel accounts for a significant share of an airline's operating expenses. ATF makes up around 40-43 per cent of airfares, he said, meaning even a small increase in fuel costs directly…
Coverage1
All filed from India
Named India · Udaan · K. Rammohan Naidu · Ministry of Civil Aviation
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