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Jet crisis: DGCA asks airlines to rein in fares

With Jet Airways staring at shutdown due to financial problems, air fares in the country are rising due to reduced capacity in the aviation sector. Aviation secretary P S Kharola said: “DGCA is monitoring fares on 40 sectors. Ten sectors have witnessed 10-30% hike in fares. The regulator has asked airlines to stabilise fares on a priority.”

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UoriAm

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