Airlines cut prices as fuel costs fall

Friday, Feb 26, 2016 08:11

Vietnam Airlines is offering discounts from 9 per cent to 80 per cent in regulated ceiling prices for both domestic and international routes, while low cost airlines Vietjet Air and Jetstar Pacific are providing 9-100 per cent discounts of their airfares. — VNA/VNS Photo Huy Hung

HA NOI (Biz Hub) — Passengers of Vietnamese airlines now have the chance to travel at lower costs as the carriers have decided to slash airfares due to falling fuel costs.

Tran Bao Ngoc, director of the Transportation Department under the Ministry of Transport told a Vietnam News Agency reporter, that the national flag carrier Vietnam Airlines is offering discounts from 9 per cent to 80 per cent in regulated ceiling prices for both domestic and international routes, while low cost airlines Vietjet Air and Jetstar Pacific are providing 9-100 per cent discounts of their airfares.

According to Ngoc, in 2015, Vietjet Air nearly quadrupled its promotional tickets offered at 0 dong and lowered 8 per cent of its average air fare prices compared to 2014. He said that a number of airlines have committed to setting up further promotional programmes in 2016.

The airlines sell tickets at different bands, based on demand-supply relations, airplane seating and time of ticket booking, he highlighted. — VNS

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