Need more time to examine unpredictable airfares, Govt tells SC

Airline profitability is highly sensitive to fuel prices and pricing power. Regulatory intervention in airfares can cap revenue potential, while geopolitical events add cost pressure.

• •The government has requested additional time from the Supreme Court to address fluctuating airfares.
• •The ongoing conflict in West Asia has impacted aviation fuel prices and flight operations.
• •The court is examining the issue of unpredictable ticket prices and additional airline charges.
• •This follows a Public Interest Litigation seeking regulatory guidelines.
• •Risk flag: Strict government caps on airfares