The Ministry of Civil Aviation announced that the lower and upper limits on airfares will be put in place for 15 days at any given time. After the 15th day, the airlines will be free to charge without any limits. Since August 12 this year, this roll-over period was of 30 days and the airlines have been charging without limits after the expiry of the rollover period that is the 31st day.
Explaining the rule, the Civil Aviation Ministry explained the change in the rule: “If the current date is 20th September, then the fare band shall be applicable till 4th October. Any booking done on 20th September for travel on or after 5th October shall not be controlled by fare bands.”
These upper and lower limits of airfares were put in place just after the domestic flights resumed operation after the COVID-19 pandemic. This was done with an intention of boosting air traffic as just after the COVID-19 induced lockdown, the people were cautious and were sceptical of travelling from one place to another.
The lower caps were imposed to help those that have been struggling financially due to coronavirus-related travel restrictions. The upper caps were imposed exorbitant airfares people pay during times of high demand. Now, the ministry has revised the caps and increased both the upper and the lower limit.
The ministry has also made it clear that this cap will remain applicable only if the tickets are being booked 15 days in advance.