India, Dec. 8 -- The Air India airlines on Monday said it has begun the roll out of new fares, complying with a direction from the government to all airlines to monitor their flight ticket prices. The government order was issued after it took note of airlines charging hefty prices for flights amid mass cancellations of several IndiGo flights over the past few days.

In a statement issued after midnight, Air India said that while Air India Express has completed the implementation of revised fares across its systems, Air India would also be applying the fare caps over the next few hours.

"As the process involves third-party system dependencies, a phased rollout is required to ensure accuracy and stability without disrupting guest bookings,...