New Delhi, Dec 12 (IANS) Civil Aviation Minister Ram Mohan Naidu said in the Lok Sabha on Friday that it would not be feasible for the government to cap airfares throughout the year in a deregulated market, which has enabled India’s aviation sector to grow at a rapid pace that has ultimately benefited consumers.
Responding to a private member’s bill seeking airfare regulation amid the IndiGo crisis, which sent ticket prices soaring, the minister said that the core idea of deregulation remains, and “If we want the civil aviation sector to grow, the foremost requirement is to keep it deregulated so that more players can enter the market.”
“Airfares usually rise during the festive season because of increased demand on specific routes and at particular times. These fluctuations are seasonal,

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