Domestic airfare caps removed Archives - TV Punjab | English News Channel https://en.tvpunjab.com/tag/domestic-airfare-caps-removed/ Canada News, English Tv,English News, Tv Punjab English, Canada Politics Thu, 11 Aug 2022 05:44:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 https://en.tvpunjab.com/wp-content/uploads/2022/03/cropped-favicon-icon-32x32.jpg Domestic airfare caps removed Archives - TV Punjab | English News Channel https://en.tvpunjab.com/tag/domestic-airfare-caps-removed/ 32 32 Domestic airfare caps removed from August 31 https://en.tvpunjab.com/domestic-airfare-caps-removed-from-august-31/ https://en.tvpunjab.com/domestic-airfare-caps-removed-from-august-31/#respond Thu, 11 Aug 2022 05:44:18 +0000 https://en.tvpunjab.com/?p=20014 New Delhi: The upper and lower limits for domestic airfares will be removed on August 31 after a gap of nearly 27 months, informed the Union Ministry of Aviation. Aviation Minister Jyotiraditya Scindia tweeted, “The decision to remove the prescribed limit for airfares has been taken after carefully analysing the daily demand and prices of […]

The post Domestic airfare caps removed from August 31 appeared first on TV Punjab | English News Channel.

]]>
FacebookTwitterWhatsAppCopy Link


New Delhi: The upper and lower limits for domestic airfares will be removed on August 31 after a gap of nearly 27 months, informed the Union Ministry of Aviation.

Aviation Minister Jyotiraditya Scindia tweeted, “The decision to remove the prescribed limit for airfares has been taken after carefully analysing the daily demand and prices of oil used in aircraft (ATF).”

ATF prices have come down in the past few weeks after hitting record levels since the start of the Russia-Ukraine war.

On August 1, the price of ATF in the national capital was Rs 1.21 lakh per kilolitre, which was about 14 per cent less than the previous month.

On the resumption of air services on May 25, 2020, after a two-month lockdown due to the corona epidemic, the ministry had given a lower and upper hand for domestic airfares.

For instance, airlines could not charge a fare of less than Rs 2,900 (excluding GST) and more than Rs 8,800 (excluding GST) from any passenger for a domestic flight less than 40 minutes.

The post Domestic airfare caps removed from August 31 appeared first on TV Punjab | English News Channel.

]]>
https://en.tvpunjab.com/domestic-airfare-caps-removed-from-august-31/feed/ 0