What does "fair and reasonable" pricing mean in the aviation context?

In the aviation context, "fair and reasonable" pricing refers to the idea that prices charged for services should be equitable and not discriminatory. This means that customers should not be subjected to unfair pricing practices that could disadvantage certain groups based on factors such as race, nationality, or other characteristics. The principle encourages transparency in how prices are set and promotes an inclusive approach that ensures all users of aviation services have fair access.

This concept is critical in fostering a competitive market while also ensuring that the pricing structures respect the rights of all potential customers. Thus, pricing policies in aviation must align with fair treatment and equal opportunity for all patrons within the regulatory frameworks governing the industry.