Passengers booking last-minute flight tickets can expect lower airfares as the government has removed its mandatory airfare bands for tickets booked 15 days in advance.
The Ministry of Civil Aviation in a circular on Wednesday said, “it has been decided to remove the fare bands with effect from August 31, 2022.”
When domestic flights resumed on May 25, 2020 after the first nationwide lockdown, the government imposed minimum and maximum airfares domestic airlines could charge based on flight duration for all flights. The minimum airfare prescribed intended to protect airlines from competition offering cheap flight tickets to woo passengers at a time of reduced demand, and a price cap aimed to ensure airlines didn’t fleece passengers.
