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Civil Aviation Ministry says PM Modi concerned over predatory airfares by airlines
Prime Minister, Narendra Modi has shown concern regarding the predatory airfare prices by domestic airlines, said Mahesh Sharma, Minister of State for Civil Aviation at an event held in New Delhi today.

The Prime Minister has recently discussed aviation sector issues with aviation minister, finance minister and bureaucrats. The outcomes of the meeting will be in the public domain very soon.

In his meeting, Prime Minister has asked the aviation ministry to look and check the surging airfare prices, said Mahesh Sharma while inaugurating '8th International Conference on Indian Civil Aviation & Tourism' organised by industry body, Assocham.

He further said, the aviation ministry is looking to regulate predatory airfare prices by airlines. The airlines need to reduce fares and not hike them particularly when it comes to emergency travel like in medical emergency.

There has been wide consultation and discussion with Prime Minister on 5/20 rules and mythology has also found out. "5/20 rule will be re-addressed with a certain changes or new rules", said Mahesh Sharma according to a release by the Assocham.

The ministry of civil aviation has also discussed a complete 'Open Sky Policy' for our country that comes within a radius of 5,000 km or above and the guidelines have been framed on that issue, said the minister.

Ashok Gajapathi Raju Pusapati, Union Minister of Civil Aviation said the ministry is in the process of developing a comprehensive Civil Aviation Policy, which shall provide a long term road map for the aviation sector.

"Aviation and tourism have an inter-dependent relationship. The tourism market grows by itself with new connections, and a popular destination attracts the operation of more flights. The rapid growth of the tourism industry, both domestic and international supported by the entry of airline operators offering low fares, has led to the rapid growth of air traffic in India", said Gajapathi Raju.

While speaking at the event Ajay Singh, Chairman & Managing Director, SpiceJet Ltd said, the Spicejet will add 5 new aircrafts in airline, 40 new schedules for the upcoming winter season. He further said, the current macro economics and aviation picture fundamentals are right in place.

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