INDIA
Bharat Bhushan, director general of civil aviation also said that capacity constrains at major airports coupled with increased air turbine fuel cost is putting pressure on airline companies.
Airfares are determined by market forces and Directorate General of Civil Aviation (DGCA) has no authority to control them, a top official said.
Speaking at an event in Hyderabad, Bharat Bhushan, director general of civil aviation also said that capacity constrains at major airports coupled with increased Air Turbine Fuel (ATF) cost is putting pressure on airline companies.
"I am afraid tariff is a function of demand and supply and unless there is extraordinary hike in fares, we will not be able to tell them that this is wrong. We have persuasive powers. But we have no authority to control fares," Bharat Bhushan told media persons on the sidelines of GMR aviation security summit which concluded here yesterday.
He said the DGCA has an aviation tariff monitoring cell through which it brought in a system of requiring the airlines submit their fare structure. The system was put in place when the airfares went up sharply last Diwali.
Following a large number of complaints from passengers of excessive fare that time, the aviation regulator had directed the carriers to ensure transparency in ticket-pricing by providing route and date-wise fare details.
"During the last year itself the ATF prices went up by 45 to 50%. So this has a bearing on tariff," the DGCA said.
Earlier in his address at the summit, Bhushan blamed capacity constraint at major airports that is leading to wastage of fuel and impacting financial position of airlines.
"Presently capacity constraint is being experienced at major airports which is leading to wastage of fuel. An aircraft hovering for an additional half an hour due to delay in landing permission consumes about 25 to 30% extra fuel thereby increasing the operational cost of the airline," he said.
Flight delays caused due to the congestion not only cause inconvenience to the passengers but also results in wastage of fuel and man hours and translate into huge additional cost, he observed.
Talking about domestic passenger growth, he said the market is expected to grow at around 10% annually to reach a level of 150 to 180 million passengers by 2020. Last year the industry had crossed 50 million mark.
J-K Assembly passes resolution seeking restoration of special status of erstwhile state
CAT Admit Card 2024 RELEASED: Step-by-step guide to download from iimcat.ac.in
Kiki Hakansson, the first ever Miss World, passes away at 95
This company surpasses Apple as world's biggest company, it's market cap is Rs...
IPL 2025: Mitchell Starc breaks his silence on not being retained by KKR, says, 'I still have not…'
J-K: Encounter breaks out between security forces, terrorists in Kupwara
‘Our relationship with US…’: EAM S Jaishankar on US Presidential Election 2024 Results
Delhi-NCR AQI: No relief from pollution, Delhi air quality remains 'very poor'
Dev Diwali 2024: Dates, significance, how to celebrate, everything you need to know
Israel PM Netanyahu fires Defence Minister Yoav Gallant over 'lack of trust'
Swiggy IPO opens today, aims to garner Rs 11327 crore: Check price band, lot size and more
Raftaar breaks silence on his feud with Honey Singh: 'Aapas mein toh kuch bhi ho sakta hai but...'
DNA TV Show: How US Presidential election results may impact the world
Sharda Sinha dies at 72: Who are there in her family?
Who was Sharda Sinha aka Bihar Kokila, famous for Chhath and Maine Pyar Kiya songs?
Mortal remains of Sharda Sinha being taken to Patna for last rites
Parliament's winter session to begin from Nov 25, to continue till Dec 20
IPL 2025 mega auction dates announced: Check no. of players, venue, where to watch and more
Amid divorce rumours with Abhishek Bachchan, Aishwarya Rai’s ‘1 million dollars’ comment goes viral
Deepinder Goyal reveals customers' reaction to wife Grecia Munoz delivering Zomato orders
Infosys founder Narayana Murthy flirts with Sudha Murty in viral video from Kapil Sharma show
Ajay Devgn's fans don't want Singham Again to become a blockbuster: 'Rohit Shetty jab tak hai...'
Types, Most Popular and Where to Buy Peptides for Bodybuilding
Luxury in the City of Light: SABO Boutique Hotel Brings Elegance to Varanasi’s Sacred Ghats
Virat Kohli, Babar Azam could play for same team as Afro-Asia Cup set for revival
Shaping the Future of Web Apps: Full Stack Developer’s Expertise in API Design and Cloud Deployment
The Role of Artificial Intelligence in Enhancing Software Performance and Security
Mastering Linux for Superior Sound
Amid divorce rumours of Abhishek Bachchan and Aishwarya Rai, Aaradhya praises mother in viral video
AI in Data Warehousing: Future Trends and Innovations
Mukesh Ambani's Reliance Jio IPO worth Rs 840960 crore in 2025: All you need to know
After India's 0-3 loss against New Zealand, Shah Rukh Khan calls Gautam Gambhir...
BIG revelation on Imane Khelif, Olympic gold medallist boxer's medical repot leaked, it confirms…
Meet man who built Rs 152000 crore company, donated Rs 100 crore, now set to lead US firm as...
Visa Uncertainty: Impact of US polls on global talent
Virat Kohli turns 36: IPL franchises send heartwarming birthday wishes to legendary India cricketer
Meet Sanjay Verma, the new DGP of Maharashtra who replaced Rashmi Shukla
Virat Kohli birthday: Anushka Sharma shares first photo of son Akaay and daughter Vamika
CAT 2024 admit card to be out today at iimcat.ac.in; know release time, steps to download
Vikas Divyakirti UPSC Tips: Check strategy to crack IAS exam, aspirants should study for...
Video of Pakistani man putting hand into chained tiger's mouth goes viral, social media reacts
Shalini Passi reveals her husband's connection to Shah Rukh Khan's wife Gauri Khan, they were..
SC upholds validity of UP madrassa law, says it does not violate principle of secularism
US Presidential Elections 2024: What time do the polls close; when will the results be known?
Elon Musk shares controversial post on X amid US election results, video goes viral
Mukesh Ambani's company earned Rs 15393 crore last week, his net worth now stands at...
Chhath Puja 2024: Know about Kharna, Sandhya Arghya, Usha Arghya, date, timings and puja vidhi