Maintaining that the aviation sector was going through a “bit of turmoil”, he said there was a volatility in demand and supply, mainly on account of two large airlines reducing capacity for certain reasons.
He was apparently indicating at cash-strapped Kingfisher and Air India which have reduced capacity for financial problems as well as strikes.
“So when the number of players in a sector goes down, there is always volatility in demand and supply. And that seems to be the main thing happening in the aviation sector,” Chawla.
He also pointed out that the fares move up and down, mainly during the festive seasons or when there was more demand.
“That need not be a competition issue. In fact, it may reflect more robust competition,” the Competition Commission chief said.