Business
DGCA Reviews Airfare Trends Ahead Of Festive Season, Asks Airlines To Add More Flights
New Delhi: The Directorate General of Civil Aviation (DGCA) has started reviewing airfare trends ahead of the festive season rush and has directed airlines to increase flight capacity to prevent any sharp rise in ticket prices, Ministry of Civil Aviation said on Sunday.
According to the ministry, the DGCA has been keeping a close watch on airfare movements, particularly during the festive season when passenger demand typically peaks. The regulator has asked airlines to deploy additional flights to handle the increased travel rush and ensure affordability for passengers.
“DGCA is mandated by Ministry of Civil Aviation (MoCA) to keep a watch on airfares, especially during the festive season and take appropriate measures in case of a surge in prices,” it said.
“Accordingly, the DGCA proactively took up the issue/matter with airlines and asked them to augment flight capacities for the festive season by deploying additional flights to meet high demand,” it added.
In response, major airlines have confirmed plans to add hundreds of extra flights across key routes. IndiGo will deploy around 730 additional flights across 42 sectors, while Air India and Air India Express will operate approximately 486 additional flights on 20 routes.
SpiceJet is also expanding its capacity with nearly 546 flights on 38 routes. A DGCA official said the aviation regulator will continue to maintain strict oversight of both airfares and flight capacities to safeguard passengers’ interests.
“We are ensuring that airlines operate sufficient flights to meet demand and that fares remain reasonable during the festive period,” the official said. Over the last few years, the DGCA has intensified its monitoring and auditing mechanisms to ensure transparency and safety in civil aviation operations.
Between 2020 and June 2025, the regulator conducted 171 regulatory audits to strengthen air safety standards, as per official data. The aviation regulator has also been conducting comprehensive special audits of airlines and allied services following the Air India crash earlier this year in Ahmedabad. These audits cover scheduled and non-scheduled airlines, flying schools, and maintenance organisations, ensuring strict compliance with safety norms.
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RBI has summoned senior officials of Yes Bank following a major data breach involving the Yes Bank–BookMyForex multi-currency forex card
Reserve Bank of India headquarters in Mumbai.
The Reserve Bank of India (RBI) has summoned senior officials of Yes Bank following a major data breach involving the Yes Bank–BookMyForex multi-currency forex card, two people aware of the development told The Economic Times (ET).
According to the report, card details and CVV numbers of several users were allegedly compromised. The central bank has sought a detailed explanation from the bank on how its systems may have been breached and the sequence of events that led to the exposure of sensitive customer data.
“The RBI has sought a comprehensive briefing from Yes Bank’s senior management on the root cause of the breach, the timeline of events, and the adequacy of the bank’s cybersecurity framework,” one of the persons cited by ET said. “The regulator wants clarity on how sensitive card data, including CVV numbers, may have been exposed and what immediate containment measures have been implemented.”
Yes Bank declined to comment on the RBI’s queries but said an internal investigation had identified fraudulent transactions involving 15 merchants in a Latin American country on February 24. Transactions worth Rs 2.54 crore were approved across 5,000 customers, while 688 unauthorised attempts amounting to around Rs 90 lakh were blocked. The bank said it is working with the card network to initiate chargebacks and ensure that affected customers do not face financial losses.
Separately, BookMyForex said it does not store customers’ sensitive card information and that its systems were neither breached nor compromised during the period in question.
The RBI has also sought details on how sensitive card data—particularly CVVs—was stored and protected, whether encryption and prescribed security protocols were followed, and why existing cyber controls failed to prevent the breach. In addition, the regulator is reviewing the timeline of detection and reporting, the robustness of third-party risk management and oversight, the number of customers impacted, and the steps taken to block cards, prevent misuse and mitigate losses. It has also asked for clarity on internal accountability, supervisory lapses and remedial measures to prevent a recurrence, ET reported.
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February 26, 2026, 07:53 IST
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