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Update news airfare
The aviation sector is witnessing slightly brighter business results, but businesses are still facing difficulties because fuel prices are high and international air routes have not fully recovered.
To deal with fuel prices, the Civil Aviation Authority of Vietnam (CAAV) just proposed raising air service prices on domestic routes to the Ministry of Transport (MoT).
The continued air petrol price increase has caused headaches to air carriers. Airfares change from day to day.
As fuel prices have increased sharply, airlines have called for the lifting of ceiling airfares and imposition of fuel surcharges.
The Ministry of Transport has asked the Civil Aviation Authority of Vietnam (CAAV) to coordinate with airlines to deal with the airline tickets that are so overpriced in peak periods during Tet holidays.
The reopening of international air routes, slated for January 1, will give more opportunities for passengers to fly to Vietnam.
VietNamNet Bridge - All three airlines, Vietnam Airlines, Vietjet Air and Jetstar Pacific, have asked for permission to raise airfares, citing fuel price increases.
VietNamNet Bridge - Vietnam Airlines is no longer the solo player in the country's aviation market. More airlines, including newcomer Vietjet Air, have created a highly competitive market.
Vietnamese now tend to prefer outbound tours instead of domestic ones as it has become less costly to travel abroad and foreign agencies are more professional in promoting tours.
VietNamNet Bridge - The proposed airport service surcharge increases and airfare control policy are expected to cause difficulties for low-cost air carriers (LCC).
VietNamNet Bridge - The airfares set by Vietnam Airlines, the nation’s flag air carrier, are among the highest compared with other regional air carriers and Vietnamese rivals.
VietNamNet Bridge - Targeting the middle-class consumer and clients who have demand to travel abroad at low cost, a series of foreign airlines have scored initial success with new air routes from Vietnam.
VietNamNet Bridge - Though the Civil Aviation Authority of Vietnam (CAAV) has lowered the airfare ceiling by 4 percent, air carriers’ airfares have remained the same.
VietNamNet Bridge - The government has guaranteed the loans that Vietnam Airlines got from commercial banks to buy modern aircraft. Will this add to the public debt burden?
VietNamNet Bridge - The Civil Aviation Authority of Vietnam (CAAV) has confirmed that airlines will have to include the environment fee in their adjustments of airfare ,but it is still unclear how this would be implemented.
VietNamNet Bridge - Air carriers are considering raising airfares after the government raised the environment surcharge from VND1,000 to VND3,000 for every liter of petrol.
VietNamNet Bridge – There are two scenarios for Noi Bai International Airport: it will be either sold or transferred to private investors under fixed-time concession contracts.
VietNamNet Bridge – The Civil Aviation Authority of Vietnam (CAAV) has urged airlines to reconsider their airfare policies amid a sharp fall in crude oil prices.
VietNamNet Bridge – Lacking money is considered the biggest problem of Vietnam in organizing tourism promotion campaigns.
While the Vietnam National Tourism Administration (VNAT) highly appreciated the achievements and set ambitious plans on tourism development, travel firms feel depressed about the future.