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Domestic airline industry follows global practice of dynamic pricing
New Delhi, Jan 5 (IANS) Union Minister Jayant Sinha on Friday said the domestic airline industry follows the “global practice of dynamic pricing”.
The Minister of State for Civil Aviation was defending the industry against the latest observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour and over-pricing of air tickets.
“Globally, airlines follow the practice of dynamic pricing and we did not find that our airlines were doing anything different from the global practices,” Sinha told reporters.
“There are less than 1 per cent of all the prices that actually go above the average… We have agencies such as DGCA (Directorate General of Civil Aviation) and CCI (Competition Commission of India)… If anyone feels something wrong is happening, they can approach these agencies and action will be taken.”
The Parliamentary Standing Committee has suggested to the Union government to fix limits for airline tickets and cancellation charges.
The recommendations were made in the Parliamentary Standing Committee’s 256th report on “Issues related to improving consumers’ satisfaction of airlines”.
According to the report tabled on January 4, the pricing mechanisms applicable in the “developed countries may not be suitable for India”.
It noted that even after a 50 per cent reduction of the ATF (aviation turbine fuel) prices, the airlines had not passed on the benefit of reduction in ATF prices to the consumers.
“The Committee notes that around festivals and for bookings made closer to the date of travel, some airlines are charging more than 10 times of the advance booking fare. The Committee observes that this is arbitrary. A deregulatory environment does not mean unlimited freedom of exploitation,” the report said.
“Economic viability cannot be the only criteria for decision-making. The Ministry of Civil Aviation, though aware of the rampant exploitation, is not showing any proactive role in regulating the air fares. The Committee, therefore, recommends to the the Ministry of Civil Aviation to consider fixing an upper limit of the air tickets for every sector.”
Further, the committee said cancellation charges levied by private airlines were arbitrarily set.
“There is no uniformity or minimum standards to impose charges for rescheduling, cancellation and no-show. Attractive offers by private airlines veil the fact that passengers are charged the entire ticket amount if they want to cancel the tickets,” the report said.
It recommended that “airlines must be restricted to charging not more than 50 per cent” of the base fare as cancellation charges.
“The tax and fuel surcharge collected should be refunded to the passengers on cancellation of tickets. The Committee desires that DGCA may conduct periodic checks to ensure that the cancellation charges are not a burden on consumers,” the report added.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.
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