Plus, for extra baggage, the fee has been fixed at Rs 100 per kg. If the airline fails to make the arrangement within 24 hours, then it will have to pay 400 per cent or a maximum of Rs 20,000.The ministry has also proposed a mandatory 15 kg free baggage per passenger. In case of cancellation, the airline would be required to organise another flight within the one hour, failing to which it will have to pay a compensation as high as 200 per cent of one-way basic fare and airline fuel charge. NEW DELHI: Three aviation stocks - Spicejet Jet Airways and InterGlobe Aviation - declined up to 3 per cent in Monday's trade after the government this weekend proposed several passenger-friendly measures, which are expected to dent bottom lines of airline operators.SpiceJet slipped 3.05 per cent to Rs 61.80 on BSE, Jet Airways tanked 3 per cent to Rs 551.55 and InterGlobe Aviation declined 1.85 per cent to hit Rs 980.35 .The civil aviation ministry said domestic airlines will have to refund all statutory taxes levied in the event of flight cancellations. In addition, it has also been proposed that under no circumstances cancellation charges can be more than the basic fare and carriers cannot levy additional charge to process the refund.The government has given two weeks to the stakeholders to submit their suggestions and comments before finalising and implementing the new norms, PTI reported.

Source: Economic Times June 13, 2016 05:32 UTC