New Delhi, Dec. 6 -- In an unusually swift regulatory intervention, the Ministry of Civil Aviation on Friday imposed temporary caps on domestic airfares at a maximum of Rs 18,000 for flights covering more than 1,500 km.
This happened after flight disruptions triggered widespread cancellations, capacity shortages, and a sharp spike in ticket prices across several routes.
In an order the ministry of civil aviation said it had acted "in the public interest" to curb "unreasonable surge" in fares caused by cascading operational problems at the unnamed airline.
Under the new ceilings, airlines cannot charge more than Rs 7,500 for flights up to 500 km, Rs 12,000 for 500-1,000 km, Rs 15,000 for 1,000-1,500 km, and Rs 18,000 for routes longer tha...