Limits on airfares to stay for 15 days at a given time
The Hindu
Airlines will be free to charge without any limits from the 16th day onwards
The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said on Saturday. Since August 12, this roll-over period was of 30 days and the airlines have been charging without limits from the 31st day onwards.
In a fresh order issued on Saturday, the Civil Aviation Ministry explained the change in rule: “If the current date is September 20, then the fare band shall be applicable till October 4. Any booking done on September 20 for travel on or after October 5 shall not be controlled by fare bands. On the following day, that is, if the current date is September 21, then the fare band shall be in force till October 5 and for travel on or after October 6, the fare bands shall not be applicable”
So, the fare bands will shift by a day every day, it said.
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