Airlines operating within India will today have the same cost base that they had on Friday but they will now be cutting yield per passenger across a range of domestic routes. One of the key aspects of the commercial aviation recovery has been the increase in ticket prices. So it is with surprise that the authorities in India should decide to damage their already struggling commercial aviation sector further by clamping down on ticket prices. The intervention of the Directorate General of Civil Aviation (DGCA) has resulted in the slashing of airfares by up to 20-25%. On Saturday (December 4)

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