Vietnam’s aviation sector has secured sufficient Jet A-1 fuel supply to meet demand during the upcoming April 30 holiday peak, easing earlier concerns over potential shortages. Meanwhile, proposals to increase the ceiling on domestic airfares remain under consideration and have yet to be implemented.

At a recent regular press briefing of the Ministry of Construction, questions were raised regarding two key issues attracting public attention. The first concerned the availability of Jet A-1 fuel, which earlier in April had been forecast to meet demand only until mid-month, prompting concerns over its impact on peak travel during the holiday period.

The second issue related to rising input costs, particularly fuel prices, and whether increasing the domestic airfare cap could serve as a short-term solution to support airlines.

Responding to these concerns, Do Hong Cam, Deputy Director of the Civil Aviation Authority of Vietnam, said that compared to early April, the ability to mobilise Jet A-1 fuel has improved significantly. According to updates from major suppliers, fuel supply is now expected to be sufficient through the end of April, ensuring uninterrupted operations during the peak travel season.

Fuel suppliers have also actively sought additional import sources and increased reserves to safeguard flight operations. However, high fuel prices continue to place significant cost pressure on airlines.

In this context, the proposal to raise the ceiling on domestic airfares has been put forward for consideration. According to the Civil Aviation Authority, the Ministry of Construction has reported the matter to the Prime Minister and proposed that relevant ministries and agencies study appropriate support measures.

Any adjustment to the airfare pricing framework remains under careful review and evaluation.

The authority is working with airlines and relevant stakeholders to examine various regulatory options, including ticket prices, fees and fuel surcharges, while drawing on international experience and feedback from businesses, experts and the public.

“In the coming time, based on a comprehensive assessment, we will report to competent authorities to implement appropriate solutions to support the aviation sector in overcoming current challenges,” Cam said.

 
Vu Diep