MoCA Action on IndiGo Operational Crisis - Air Fare Regulation
Here’s a clear summary of the Ministry of Civil Aviation (MoCA) action on IndiGo’s operational crisis regarding air fare regulation. Air Fare Regulation Measures - Regulatory Powers Invoked: MoCA has formally stepped in to regulate airfares across all affected routes. - Fare Caps Introduced: Airlines must strictly adhere to newly prescribed fare caps to prevent opportunistic pricing during the disruption. - Duration of Caps: These caps will remain in force until the situation fully stabilises. Objectives - Protect Passengers: Ensure that citizens — especially senior citizens, students, and patients — are not subjected to financial hardship. - Maintain Market Discipline: Prevent airlines from exploiting passengers in distress. - Fair Pricing: Guarantee reasonable fares across disrupted routes. Monitoring & Enforcement - Real-Time Oversight: MoCA will monitor fare levels using real-time data and coordination with airlines and online travel platforms. - Immediate Action: Any deviation from prescribed norms will attract corrective regulatory measures. - Public Interest Priority: The directive emphasizes protecting passengers over profit during the crisis. This move shows MoCA’s zero-tolerance stance on price exploitation during operational disruptions.
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