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Friday,  Dec 15,2017,19:11 (GMT+7)

Airfares on HCMC-Hanoi route shoot up due to frequency reduction

Le Anh
Thursday,  Oct 5,2017,18:27 (GMT+7)
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Airfares on HCMC-Hanoi route shoot up due to frequency reduction

Le Anh

HCMC – Ticket prices of flights on HCMC-Hanoi route have shot up in late September and early October since several airlines have reduced flight frequency.

According to the Civil Aviation Authority of Vietnam (CAAV), during this period, there were 47 flights in each direction per day on average on the route, equivalent to 85.5% of the average of the same period last year.

Particularly, Vietnam Airlines operated 25 flights in each direction per day, up 8.7% year-on-year, while Vietjet Air operated 16 flights, down 15.7% year-on-year, and Jetstar Pacific operated six flights, down 53.8%.

CAAV said in recent days, seat occupancy rates on HCMC-Hanoi route of these airlines have reached almost 100%. There have been many customers that could not buy tickets for the route.

The reason for the situation is that Jetstar Pacific had to cut flights, mainly on HCMC-Hanoi route, due to pilot shortage, while a number of Vietjet Air’s aircraft have undergone maintenance.

CAAV has asked the airlines to make every effort to raise flight frequency. Vietnam Airlines has plans to add 2-3 flights in each direction per day to the HCMC-Hanoi route and use larger aircraft from now until mid-October.

Vietjet Air will add 4-5 flights in each direction per day to the route from the second week of October.

Due to pilot shortage, Jetstar Pacific said it cannot increase flight frequency. From mid-October to the end of October, the airline will operate 6-7 flights in each direction per day on the HCMC-Hanoi route and raise flight frequency to 8-9 flight from November.

Since flight tickets for HCMC-Hanoi route were in short supply, the single ticket prices have shot up to VND2.6-3 million (US$114.4-132), excluding taxes and fees, which are so close to ticket prices during the Lunar New Year holiday.

According to current regulations, the ceiling price of tickets of one-way flights on HCMC-Hanoi route is VND3.2 million, excluding taxes and fees. This ceiling price has been applied since September 2015.

The maximum one-way ticket price on HCMC-Hanoi route registered by Vietnam Airlines is VND3.15 million per ticket, by Jestar Pacific is VND3 million, and by Vietjet Air is VND2.87 million.

Although fuel prices have increased sharply since 2015, domestic airlines are not allowed to set their ticket prices higher than the maximum registered prices.

Airfare hikes often just occur in a short time so customers are still able to buy cheap tickets if they book tickets early.

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