New Delhi: India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA), has said it is monitoring air fares on an hourly basis and is yet to note any discrepancies in their application in the current festive season.
"We have begun monitoring air fares on hourly basis. We have not found any discrepancy during this festive season," EK Bharat Bhushan, director general, DGCA said on Monday.
The festive season began late September and airlines have jacked up fares by almost 50-60 per cent or more in metro sectors.
The airlines attribute this to a normal industry phenomenon of ticket prices going up, even as demand shoots up in peak seasons, and cheaper tickets are booked far in advance leaving only costlier seats available for last-minute travellers.
Last minute one-way fares to cities like Jaipur, Kolkata and Thiruvananthapuram have shot up to Rs25,000-Rs30,000 levels.
Last year a similar crisis had built up with airlines hiking fares exorbitantly and charges of scalping being made. The difference this year has been the fact that the ministry of civil aviation moved a little early in response to similar complaints about scalping. Last year government action was limited to issuing a lot of hot air and gas.