Delhi HC rules out capping airfares
Says autorickshaw fare is more than airline fare
New Delhi: Observing that airline industry is ‘very very competitive’ and the players are running ‘huge losses’, the Delhi High Court on Wednesday said it would not be appropriate to pass any directions for the capping of airfares across the country.
“Market forces will decide the pricing of tickets. The industry is doing very well today. You look at any airline flying today, it is a highly competitive industry. An auto rickshaw fare is more than the airline fare today,” a Bench of Acting Chief Justice Manmohan and Justice Manmeet PS Arora said. The court disposed of two petitions seeking regulation of pricing of flight tickets and said it would pass a detailed order. “Today the industry is very very competitive. You will find those who are running airlines are into huge losses,” the bench said.