Airlines Warned by Center About Raising Ticket Prices During Festive Season admin, September 8, 2024 During the holiday season, airline ticket prices often experience a significant increase. In response to this, Union Civil Aviation Minister Ram Mohan Naidu emphasized that the ministry is monitoring the ticket prices of all airlines to ensure that passengers do not face undue inconvenience. While addressing the issue, Mr. Naidu clarified that the ministry will not compel any airline company to maintain fixed ticket prices. This surge in ticket fares coincides with existing challenges in the aviation sector, including the crisis at SpiceJet Airlines. The budget carrier is dealing with financial difficulties, legal disputes, and the grounding of aircraft, prompting efforts to raise funds to meet its obligations. Mr. Naidu confirmed that the government is closely monitoring the situation at SpiceJet Airlines. Mr. Naidu’s statements were delivered at the India Regional Air Mobility Conference, where he outlined the government’s vision for the future of Indian aviation. With domestic carriers having already ordered over 1,200 new aircraft, the aim is to position India as a global aviation hub. Mr. Naidu expressed the ambitious goal of India becoming the world’s biggest aviation market by 2035 and outlined plans to construct 350-400 new airports in the next 10-20 years to accommodate this growth. He emphasized that significant investments are being made in infrastructure today to lay the foundation for tomorrow’s aviation market. Indian Aviation Sector