Stories
Government Finalises Airfare Rules to Curb High Prices
M
Moneycontrol•16-10-2026, 13:02
Government Finalises Airfare Rules to Curb High Prices
- •The central government has finalised new rules to regulate airfare pricing and promised to publish them within two weeks.
- •Solicitor General Tushar Mehta informed the Supreme Court about the development during a hearing on a PIL regarding exorbitant airfares.
- •Shares of InterGlobe Aviation, operator of IndiGo, dropped 2.29 percent to trade at Rs 4,668.70 following the announcement.
- •The Supreme Court has directed the government to submit the officially published rules by November 16 for the next hearing.
Key Questions Answered
Solicitor General Tushar Mehta informed the Supreme Court that the rules to regulate airfare pricing have been finalized, granted administrative approval, and will be published within two weeks.
The Supreme Court directed the government to present the published rules before the court by November 16, which is when the matter is scheduled for the next hearing.
Following the government's announcement regarding finalized airfare rules, shares of InterGlobe Aviation, which operates IndiGo, declined by 2.29% to Rs 4,668.70 on the NSE.
