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New Airfare Regulations: Centre Reserves Power To Cap Fares In Extraordinary Situations, Mandates Complete Tariff Breakup

New Airfare Regulations: Centre Reserves Power To Cap Fares In Extraordinary Situations, Mandates Complete Tariff Breakup
Photo: Free Press Journal · view original

Mumbai: The Central Government has formally warned airlines that it retains the legal authority to step in and cap airfares during extraordinary situations through the updated airfare regulations. However, the regulatory intervention is unlikely to change the situation as it fails to define extra...

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