DGCA to keep eye on air fares

NEW DELHI: Aviation regulator DGCA has decided to keep an eye on air fares to check any "exorbitant" and "predatory" pricing by the domestic carriers.

The Directorate General of Civil Aviation (DGCA) has asked the airlines to provide the quantum (percentage) of the tickets sold by them at different pricing levels (highest and lowest fares buckets) for each sector over the next few months, sources close to the developments said.

 The data collected would be anlaysed for any "noticeable" trend and consequent action, they said.

"Airlines have been told by the DGCA to furnish the data (on the highest and lowest fare buckets) in each sector. We will see (monitor) the data for 2-3 months and then we what best can be done," a source said.

Source: http://goo.gl/3AA06z