India's proposed airfare rules would allow temporary caps during extraordinary situations

The Economic Times, citing sources, reports India's draft rules would retain market-based airfares but allow temporary caps during extraordinary circumstances. Airlines would submit fare structures to the DGCA a month ahead and display them online; the regulator would monitor whether fares exceed the highest submitted fare bucket. ET says average one-way fares on Delhi–Hyderabad for September 1–November 10 travel were up 68% from a year earlier.