However, the carrier offers 50 per cent discount on normal economy class fares for a domestic travel to students travelling to their home towns from the city where they study in, Minister of State for Civil Aviation Mahesh Sharma told Rajya Sabha today.
"Seats are highly perishable commodities and lapses as soon as aircraft has departed. Hence no such policy for reserving seat for last minute bookings can be adopted as it would lead to revenue loss and seat spoilage, which Air India being a commercial entity cannot forego," the Minister said in response to a question.
The operators are also required to deploy at least 50 per cent in category III (small cities) of the capacity deployed in category -I route, he said, adding, this promotes regional and remote area connectivity.
The Minister also said that at times of natural calamities airlines have stepped forward and provided assistance in the form of evacuation of stranded persons and transport of relief material to the affected persons/areas.
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