AirAsia MOVE is developing a price cap system for tickets sold on its platform to comply with Civil Aeronautics Board (CAB) guidelines.
This initiative comes after the Department of Transportation (DoTr) announced potential economic sabotage charges against the online travel agency (OTA) for allegedly overpricing fares.
AirAsia MOVE CEO Nadia Omer stated that implementing the technology for the price cap will take two to three months.
Omer explained that OTAs often lack awareness of government-imposed fare ceilings because this information is typically communicated directly to airlines, not to third-party agents.
She also emphasized that airlines, not OTAs, are responsible for setting the fares.
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