New airfare rules from next year: No govt intervention except in ‘extraordinary situations’ to prevent spikes

NewsIndia NewsNew airfare rules from next year: No govt intervention except in ‘extraordinary situations’ to prevent spikes New airfare rules from next year: No govt intervention except in ‘extraordinary situations’ to prevent spikes NEW DELHI: India has adopted new airfare rules where government will not interfere in the process except “in an extraordinary situation (where) it considers it necessary to do so in the public interest.” Notified under the Bharatiya Vayuyan Niyam, 2026, which will be applicable from Jan 1, 2027, government has continued its policy of letting market forces determine airfares without government interference.TOI reported on Oct 17 that India has no plans to regulate or cap airfares in the free market under which airlines here operate under the new airfare policy being finalised.

However, it will keep a “strong lever” on airlines to ensure they don’t resort to very sharp surges in “exceptional and extraordinary circumstances” that see demand rising for certain routes.“Every air transport undertaking… shall establish tariff based on factors including cost of operation….

(They) shall submit tariff to the Director General (DGCA) in such form, manner and periodicity as may be specified…. (They) shall publish tariff on their websites… for wider public awareness and transparency,” says the gazette notification published Saturday (October 31).Join conversation InsightfulAgreeDisagreeSkepticalConcerningPromisingWorth ReadingBig Development Regarding intervention in “extraordinary circumstances,” it says: “Where the central government is of the opinion that (in) an extraordinary situation it may, by order in writing, issue such directions in public interest….

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