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Some airlines may have to shut due to predatory pricing: Hardeep Singh Puri

Hardeep Singh Puri says tariff wars only work in the short run, hurt entire industry long term; rules out regulatory intervention

Hardeep Singh Puri
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Hardeep Singh Puri

Arindam Majumder New Delhi
India’s civil aviation minister Hardeep Singh Puri on Tuesday blamed predatory pricing by airlines for the sustained losses in the industry. However, he ruled out any regulatory intervention for now and said that airlines are regularly called and counselled whenever instances of predatory pricing are noticed.

Under current regulations, it is the prerogative of airlines to establish their process of determination of airfares. As such, the government does not interfere in their commercial affairs.

"We have noticed instances where airlines are pricing their tickets at a level which is lower than their operational cost. Such measures may benefit in the

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First Published: Dec 31 2019 | 7:30 PM IST

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