Salman Khan makes BIG move, sells his 1318 sq ft apartment for Rs...; it is located in...
Who was Dan Rivera? Famous paranormal investigator died while touring with 'haunted' Annabelle doll
Ashutosh Rana addresses Hindi-Marathi language row in Maharashtra: 'Bhasha kabhi bhi vivaad ka...'
Kabir Khan backs Diljit Dosanjh for casting Hania Aamir in Sardaar Ji 3: 'It's unfair to target...'
Not Elon Musk's Tesla, Apple: Most bought US stocks by Indians in last 3 months are...
Top Language Learning Apps Reviewed: Which one suits your style?
Ashish Chanchlani drops new post with Elli AvRam, reveals 'Finally, we have...'
90% of Indian youth wants to work abroad, but one condition stop them, it is...
Why Startups That Slow Down Often Get Richer
Google AI Agent can fight cyber attacks, claims CEO Sundar Pichai, Big Sleep can detect and kill...
Ravi Teja's father Rajagopal Raju passes away at 90
India’s largest private bank worth Rs 1529000 crore plans to reward its shareholders with...
Israel launches attack on Syrian military headquarters in Damascus, here's what we know so far
Goldman Sachs hires new employee ‘Devin’ who has no degree, know why he threatens entry-level roles
CBSE pushes for 'Oil Boards’, healthy meals in new circular to schools: Check details
Did Deepinder Goyal-backed firm buy Bombardier private jet? Zomato founder says...
ICC imposes heavy fine on England for Lord's Test against India due to...
Ram Gopal Varma breaks his silence on criticism, says I feel nothing anymore: 'I've stopped...'
Who is ‘Grand Mufti of India' who helped halt Kerala nurse Nimisha Priya's execution in Yemen
Actress Tanya Ravichandran gets engaged to cameraman Goutham George, photo goes viral
NATO chief's 100% tariff warning for India, China and Brazil over oil and gas trade with Russia
US-India Trade: India's goods exports to US rise 23.53% in June, imports decline by...
Bajrangi Bhaijaan 2 with Salman Khan coming soon? Director Kabir Khan confirms...
Meet man, who worked as waiter, later cracked UPSC exam in 7th attempt with AIR...
THIS govt company in HUGE debt, defaults on bank loans worth whopping Rs...
Donald Trump makes BIG proposal to Ukraine over Russia war, asks Zelenskyy, 'Can you hit...'
DNA TV Show: US President Donald Trump gives Putin 50-day deadline to end war with Ukraine
Sidharth Malhotra, Kiara Advani become parents to a baby girl
Mukesh Ambani's Reliance's BIG win as Delhi HC directs e-commerce platforms to...
Satyajit Ray's ancestral home in Dhaka to be demolished by Bangladesh govt? Mamata Banerjee says...
UIDAI shares BIG update on children above 7 with Aadhaar: 'To face risk of...'
Meet woman who started as trainee, will now become CEO of..., won major award at Cannes, she is...
EAM Jaishankar issues BIG statement during first China visit in 5 years: 'The three evils...'
Golden Temple receives bomb threat again, second RDX email in 24 hours, probe underway
Rs 10000000000: Indians losing huge amount of money every month due to...
ITR Filing AY 2025-26: Last date NOT same for all, check your date if you are...
What is non-veg milk? Know its connection with India-US trade talks
India to spend Rs 60000 crore on this fighter jet, cheaper than Rafale, F-35, it is loaded with...
INDIA
Civil Aviation Minister Jyotiraditya Scindia on Thursday said there is an unusual situation due to the Go First crisis and there has been an excess demand on the routes the airline had been operating.
Amid a surge in airfares on certain routes, the civil aviation ministry is doing an analysis of routes that have been affected by the suspension of flights by Go First. Civil Aviation Minister Jyotiraditya Scindia on Thursday said there is an unusual situation due to the Go First crisis and there has been an excess demand on the routes the airline had been operating.
Go First, which is undergoing an insolvency resolution process, has not been flying since May 3. "We have given additional routes to other airlines but it is a piquant situation... I doubt any other sector has seen the vicissitudes that civil aviation has seen in the last three years," he said while speaking at the India Economic Conclave here.
"... I have put together a group in the last couple of days and we are doing an analysis of a lot of those routes... That have been affected by this unusual event (Go First crisis). "One is Srinagar, Pune, slightly Ahmedabad, we are doing a full analysis on that... We will speak to airlines to make sure fares are within a certain level... It is an issue created by an unforeseen demand-supply imbalance," he said in response to a query related to high airfares on certain routes.
He also said that civil aviation is a deregulated sector. On lessors seeking to take back planes leased to Go First and legal proceedings in this regard, Scindia said, "We are doing the work from the regulatory side in terms of putting together the international framework to make sure that lessors are also well protected".
While speaking about the growth potential of the country's civil aviation sector, the minister also said that during the festive season, daily domestic air passenger traffic could touch 5 lakh. On whether he is in the race for the chief minister post in Madhya Pradesh, which will be going for polls later this year, Scindia said his race is not for a chair, post or position. "I am ambitious for my people, development, progress... My pursuit is not politics," he emphasised.