Sunday, 1 January 2012

Fares going up next - Travel agents in Vietnam

The airline is proposing to increase the ceiling price of travel agents in Vietnam from 11 local axis in order to offset the costs of exchange rate fluctuations and fuel.

 Domestic Flights are the highest ceiling 2.7 million.

VN Aviation Administration certification of the domestic carriers expected to simultaneously increase the ceiling price of Travel agents from November. The policy of raising the ceiling has been Prime Minister agreed in principle. On the basis of inputs, non-incurred, market supply and demand, the company will build the price plans in October to the Ministry of Finance - Transportation is the basis for evaluation and discussion meeting. If the plan is approved, Travel agents in Vietnam will exceed the current ceiling of 2.7 million for one-way flight.
Sources of Vietnam Airlines - airlines accounted for market shares in the domestic market, said the fare increase ceiling proposed by the enterprise. However, the specific growth rate and duration is applied by the decision unit functions. "Increasing the ceiling does not mean fare tickets will rise soon that we will base on which to build flexible ticket policy," the source said.
The leadership of other airlines to share, the companies proposed ceiling increase air fares due to rising costs of inputs, including jet fuel and exchange rate fluctuations.
In fact, six months alone, fuel costs in 2011 of Vietnam Airlines flights has increased by 1,534 billion compared to the first plan year. Other vendors such as Mekong Air, Jetstar Pacific also encountered the same situation.
In April last, the airfare was once connected to the ceiling. Accordingly highest stage applicable to Hanoi - Can Tho, Hanoi Vietnam, Phu Quoc is 2.7 million, instead of the 2.5 million older. The remaining stages of Hanoi - Ho Chi Minh City to apply maximum 2.5 million.
Thus, if the vendor's proposal is adopted, then this is the 2nd year, airfares are increasing the ceiling.

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