predatory pricing by airlines
During these trying times, the airlines have jacked up their prices vertically. The usual fares are around Rs 4000/passenger and tickets were sold from as high as Rs 30000/40000 to Rs 99000 (multiple flights) for travel on Sunday and today morning.
Airlines are seeing this as an opportunity and milking the common person some of whom has to take the mode of travel owing to compulsion.
What can be the way out of this by having a cap on the maximum fare in any sector for any airline? more