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Friday, June 14, 2024

Inspection team set up to verify sky-high airfares

The Saigon Times

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HCMC – The Ministry of Transport has instructed the Civil Aviation Authority of Vietnam (CAAV) to form an inspection team to investigate why domestic air ticket prices have shot up.

Scheduled to conduct a three-day inspection from May 5 to 9, the team will focus on the air ticket sale, registration, and price listing of air carriers from January 1, 2024, to the date of the directive, and other relevant periods if necessary.

Comprising 10 members, the team will be led by Do Hong Cam, deputy director of CAAV.

The objective of this initiative is to enhance state oversight, implement stringent controls over airfare pricing, and contribute to price stabilization in alignment with the Government’s socio-economic development objectives, said the Ministry of Transport in a statement.

The ministry noted a significant rise in local air ticket prices recently, impacting residents’ travel demand, especially during the recent holiday for Reunification Day (April 30) and International Labor Day (May 1).

Some have attributed the surge in air ticket prices to substantial taxes and charges, both direct and indirect.

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