At a panel discussion at the Centre for Asia Pacific Aviation's summit in Mumbai on Tuesday, Gopinath also said that airlines should price fares so as to maximise loads.
But he also emphasised that ticket selling should be above cost.
Gopinath said, "The entry level fares of all LCCs (low-cost carriers) and full service carriers have only around a Rs 500 gap.
"There is a cartel to fix the price at the bottom."
"Break the cartel and only then will the market expand," he said.
He said though
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