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India: CCI probes airfares

 |  February 12, 2015

The fair trade watchdog CCI is currently probing alleged violation by airlines indulging in fare wars, the annouced on Thursday.

Sources said that the CCI began its probe some time back following a reference from a Parliamentary panel in this regard, but is yet to find anything substantiate against the airlines on cartelisation charges.

Reacting to a question on the ongoing low-fares war among domestic airlines, Civil Aviation Minister Ashok Gajapathi Raju said that the decision to determine pricing should be left with the carriers.

The CCI’s investigation arm is currently probing the matter.

Full Content: The Economic Times


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