Update news airfares
As airfares for domestic flights have increased sharply, Vietnamese have canceled their domestic tours and booked outbound tours instead.
The Ministry of Transport has issued a circular allowing domestic airlines to raise the ceiling prices of domestic air tickets on airlines’ request.
According to the Civil Aviation Authority of VN, at the peak period of Lunar New Year (January 25-February 24), domestic airlines are expected to provide nearly 6.5 million seats on domestic routes, an increase of 4 per cent compared to last year.
It is difficult for domestic airlines to lower air ticket prices any further after more than two years of struggling with the severe economic consequences of the COVID-19 pandemic.
A proposed floor airfare scheme could increase airfares.
Imposing a floor fare for domestic airline tickets would undermine competition in the aviation industry and affect the recovery of the air transport market, insiders have warned.
Domestic airlines and experts say the ceiling price for air tickets should be replaced with a flexible airfare adjustment policy.
The Civil Aviation Administration of Vietnam (CAAV) has called on airlines to well handle increased demand during the peak of summer.
If a proposed airfare scheme is applied, the fees will make it impossible for low-income earners to travel by air.
The Civil Aviation Authority of Vietnam (CAAV) has proposed removal of the cap for airfares on domestic flight routes operated by at least three...
Increasing ceiling rates for airfares would bring more opportunities for local aviation firms to have flexible and suitable price policies in the domestic aviation market.
VietNamNet Bridge – The Ministry of Finance (MOF) has decided to lower the ceiling airfare for domestic air routes, but airlines say the air ticket prices will not go down.
VietNamNet Bridge – Airfares are expected to increase following a decision by the MInistry of Finance to raise airport fees beginning October 1.
It’s nearly impossible to book economy class air tickets for the flights on Tet holiday, though Tet comes only in two months.