Rep. Velázquez introduces bill to prevent airline price gouging during disasters

U.S. Rep. Nydia Velázquez introduced a congressional bill last week to prevent airlines from price gouging during disasters like the deadly hurricanes that hit southern states recently. 

The “AirFAIR Act” seeks to prohibit airlines from hiking prices over 30% after a state or U.S. territory declares a disaster. Also cited as the “Airline Freeze of Astronomical Increases in Rates Act,” it would also give the Department of Transportation authority to reduce further the maximum allowed price increase during natural disasters.