Tuesday , January 23 2018
Home | Tag Archives: Price Regulation (page 2)

Tag Archives: Price Regulation

Industry groups ask EU Commission to enforce airline distribution regulations

Numerous industry groups are calling on the European Commission to strongly enforce airline distribution rules as they argue that the rise in airline consolidation threatens consumer selections with airlines gearing up to push bookings through “biased websites” and away from independent distribution channels which display all flight options. Their calls come alongside the publication of a report proposing that airline mergers, joint ventures and code-share deals have cut competition, and …

Read More »

Local airlines in the Philippines rail against airfare regulation plan by Civil Aeronautics Board

The idea of regulating airfares in the Philippines was branded “illogical” as it reduces the competitiveness of local carriers against their foreign counterparts but also might hinder the growth and development of the aviation industry. Sources with knowledge of the situation have shared that lawmakers have asked Civil Aeronautics Board (CAB) to “put a cap” on the maximum and minimum fares of local airlines, after they were “surprised by the …

Read More »

IATA urges EU to regulate major European airport monopolies

The International Air Transport Association is pushing the European Union to bolster economic regulation of major European airport monopolies by putting the interests of air travelers first. Ensuring better cost-efficiency at Europe’s airports may result in cheaper airfares, more travel opportunities for passengers and enhanced European competitiveness. In turn, this would back jobs and stimulate the economy. The argument for stronger airport charges regulation is seen in how European passengers …

Read More »

Open skies agreement could lower airfares for flights between East African countries

The classification of flights between East African countries as domestic travel is set to help lower the price of air fare and boost the number of passengers, should an agreement between regional aviation regulators be settled. The pending change will see the price of air tickets go down by up to 12% across the region, with domestic flyers charged a service fee of $5, compared to the $50 paid by …

Read More »

Open Skies key to increasing passenger traffic and lowering fares in East Africa

Analysts indicate that the implementation of Open Skies in East Africa as part of the 1999 Yamoussoukro Decision would put an end to high costs of airfare in the region. East African Countries are among the 44 African states that are dedicated to the liberalization of the aviation industry, curbing of air taxes and the offering of qualifying airlines entry rights in order to lessen the costs of ticket prices, …

Read More »

Business Travel Coalition’s letter to US Congress re airline pricing

By https://www.eturbonews.com/155410/business-travel-coalitions-letter-us-congress-re-airline-pricing Dear Members of Congress, The Business Travel Coalition (BTC) has been an outspoken opponent of Delta Air Lines, American Airlines and United Airlines’ (Big 3) disingenuous political campaign to thwart much-needed competition by Emirates Airline, Etihad Airways and Qatar Airways (Gulf Carriers). As emphasized by the recent high profile and deeply troubling customer service meltdowns by the Big 3, now more than ever, consumers need and deserve greater competitive …

Read More »

Lawmakers warn Philippines carriers to shape up

Two major airline carriers in the Philippines have been given a stern warning by lawmakers to shape up or risk having their franchises reviewed. “The reason you can operate is that our bosses, the Filipino people, allow you to do so. Do not take advantage. Your enterprise is imbued with public interest. Wake up and shape up”, Ilocos Norte First District Rep. Rodolfo Fariñas said during a recent hearing of …

Read More »

Draft of UDAN likely to be completed in two weeks

The draft of the Indian government’s scheme to promote low cost air travel is expected to be ready and be put up for stakeholder consultations in two weeks. The government’s scheme, known as UDAN (Ude Desh Ka Aam Naagrik), seeks to make flying affordable for the masses by capping fares at Rs 2,500 per hour on selected routes. Airline operators are required to make available 50% of total seats in …

Read More »

Study reveals that regulatory fees keep East Africa airfares high

Regulatory charges have pushed up ticket prices, which lead to slow rates of air travel in East Africa despite over a decade of liberalization in the aviation sector. These were the findings of a study that was commissioned by the East African Business Council. Regulatory charges alone are responsible for up to 24% of air fares in Kenya where airlines have to pay $50 (Sh5,150) as departure tax in addition …

Read More »

Vietnam Civil Aviation Authority denies plan to set minimum prices on airfare

The Civil Aviation Authority of Vietnam (CAAV) clarified reports that it had submitted a proposal to set minimum prices on passenger airfare, claiming that an airline did so, and not them. “This information is completely inaccurate,” CAAV Director General Lai Xuan Thanh said. “We have not yet submitted any proposals or documents to the Ministry of Transport and related agencies for comments on this issue.” Jetstar Pacific recently proposed the adoption …

Read More »