Given below is a statement, followed by two possible reasons numbered I and II. Read the statement carefully and decide which of the two reasons explains the event/observation/information given in the statement. Statement: Even though fuel prices have gone down, airlines have not cut down on their ticket prices. Reasons:

• I Demand of air travel among consumers is several times more than the availability. I
• I The Government has uplifted all restrictions on the pricing of air tickets.