7Photo© hindustantimes.comGovernment cannot cap airfares year-round, says aviation minister
, 8 news, 0 views
Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Friday said that while the government has the exclusive power to cap airfares, it can do so in extraordinary circumstances and not a long-term solution.
The government uses its powers to cap airfares when it feels that the prices have risen above normal level, the minister told Parliament.
Airfares usually rise during the festive season because of increased demand on specific routes, he said.