In a meet between the DGCA and all major airlines on Tuesday, air-carrier have been advised to increase capacity i.e. flights to check on spiraling air-fares after the grounding of Boeing 737 Max aircrafts. It is to be noted that however that no directive has been released in this regard.
From last Wednesday after the crash of Boeing 737 Max aircraft of the Ethopian airlines, India also suspended operations of all Boeign 737 aircrafts in India.
Furthermore, the regulatory body is reviewing prices sector-wise and has advised airlines to not indulge in predatory air-fare pricing.
So, with little aid in short term, air-passengers in respect of last minute bookings or spot airfares may see a rise of over 100% in airfares on some of the routes. And airlines across the industry for one or the other reason is facing turbulence and not just because of the recent suspension of Boeing 737 Max aircraft for safety reasons.