{"id":182809,"date":"2023-12-07T15:36:56","date_gmt":"2023-12-07T10:06:56","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=182809"},"modified":"2023-12-31T15:40:39","modified_gmt":"2023-12-31T10:10:39","slug":"union-civil-aviation-minister-says-that-there-is-a-tariff-monitoring-unit-looking-into-fares-of-60-routes","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/union-civil-aviation-minister-says-that-there-is-a-tariff-monitoring-unit-looking-into-fares-of-60-routes\/","title":{"rendered":"UNION CIVIL AVIATION MINISTER SAYS THAT THERE IS A TARIFF MONITORING UNIT LOOKING INTO FARES OF 60 ROUTES"},"content":{"rendered":"

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Delhi: 07 DEC 2023\u00a0\u00a0<\/span><\/h3>\n<\/div>\n

Union Minister of Civil Aviation Jyotiraditya M. Scindia today informed Lok Sabha that the Ministry of Civil Aviation has a tariff monitoring unit that look at fares of 60 routes on a random basis. Responding to a question on air fares, he said that the tariff monitoring unit monitors fares 30 days, 15 days, 7 days, 3 days, 2 days and 1 day ahead of the scheduled flight.<\/p>\n

The Minister said \u201cCivil Aviation is a seasonal sector and fares go up and down variably. October till Mid-January is the high season, after that comes the very low season until April-May when holiday starts and then again you have high season till Mid-June. This is not just limited to India alone; this is a global phenomenon.\u201d<\/p>\n

The Minister explained, \u201cIf you do booking in advance, there will be no high fares but if you do a booking on the last day then according to the reservation bucket designators which is the RBD system, fares do rise as far as airlines are concerned.\u201d<\/p>\n

Shri Scindia said that in the last 3 years, airlines made losses of close to between Rs 55,000 crores to 1,32,000 crores on an annual basis-all airlines together. Covid completely destroyed the financial viability of the airlines. Even in that environment, our airlines have operated on the very sustainable basis.<\/p>\n

He addedair turbine fuel is close to 40% of the operational cost of the airlines and ATF prices have gone up from 55,000 rupees a kilo litre to 1,55,000 rupees a kilo litre, they have gone up 3 times, and air fares have gone up nowhere in rational to that. Today, ATF is down to just still close to 2 and half times from where it was.<\/p>","protected":false},"excerpt":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 Delhi: 07 DEC 2023\u00a0\u00a0 Union Minister of Civil Aviation Jyotiraditya M. Scindia today informed Lok Sabha that the Ministry of Civil Aviation has a tariff monitoring unit that look at fares of 60 routes on a random basis. Responding to […]<\/p>\n","protected":false},"author":18,"featured_media":182813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181,109,122],"tags":[53355,6714,8976,56731,45428],"class_list":["post-182809","post","type-post","status-publish","format-standard","has-post-thumbnail","category-chandigarh","category-national","category-news","tag-jyotiraditya-m-scindia","tag-lok-sabha","tag-ministry-of-civil-aviation","tag-news-makhani","tag-union-minister-of-civil-aviation"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t