In a firm message to airlines insisting on massive fare hikes, the government today promised "corrective action" within a week even as DGCA met representatives of low-cost airlines and asked them to show some reasonableness in ticket pricing.
"I am sure that within a week you will find corrective action being taken," Patel told reporters in Mumbai.
In case the airlines fail to take remedial action , the Directorate General of Civil Aviation (DGCA) is empowered to take decisions that would benefit air travellers. "The regulator is not helpless. It should not be presumed that the regulator cannot take action. I am sure they can and they will when the situation warrants," the minister said.
Meanwhile, Kingfisher Airlines chairman Vijay Mallya today said the setting up of a monitoring committee does not go well in the Rs era of deregulation’.
“Why should government regulate anything in an era of deregulation? How can I stand here and say I want regulation,” said Mallya talking to reporters on the sidelines of an event addressed by French President Nicolas Sarkozy at ISRO Satellite Centre in Bangalore.