India to publish new rules aimed at curbing volatile airfares within two weeks

India to publish new rules aimed at curbing volatile airfares within two weeks
Image: thehindubusinessline.com

Written by AI from 1 report listed below. Not checked by a person before publication. How we use AI

The Centre told the Supreme Court that administrative approval has been granted for new aviation rules under the Bharatiya Vayuyan Adhiniyam, 2024 to regulate volatile airfares and predatory pricing, and that the rules are finalised and likely to be published within two weeks.

The Supreme Court bench asked the Centre to place the rules before the court before the next hearing on November 16 after a public interest litigation by activist S Laxminarayan sought binding norms to curb arbitrary pricing and ancillary charges during festivals, holidays and emergencies, noting that no authority currently has power to review or cap fares and that airlines charge widely different fares, such as ₹8,000 versus ₹18,000 on the same route, while the Ministry of Civil Aviation and the DGCA are at an advanced stage of finalising the rules to replace the Aircraft Rules, 1937.

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