Airfares see moderate decline in 2024 – Know role of market dynamics in price fluctuations

The government has observed a decrease in airfares in 2024, particularly during festival seasons. Minister Murlidhar Mohol stated that while airfares are not regulated by the government, they intervene to ensure fair pricing and protect passengers. Market forces affect airfares, but the government urges airlines to maintain reasonable prices, especially during peak periods.