More than 60% of international airlines have either increased or are planning to increase airfares from mid-March, as surging fuel costs continue to put pressure on the global aviation industry, according to the Civil Aviation Authority of Vietnam (CAAV).
VOV.VN - Vietnamese travelers are increasingly shifting to regional and domestic destinations as tensions in the Middle East disrupt travel routes and drive up long-haul airfares.
VOV.VN - Airfares from Vietnam to Europe have surged dramatically or sold out entirely following the escalation of conflict in the Middle East, leaving many travelers and travel companies deeply concerned.
VOV.VN - Airfare shortages and elevated fares continue to grip Vietnam’s aviation market during the coming Lunar New Year peak, as surging travel demand outpaces capacity despite airlines’ decision to add more flights.
VOV.VN - Vietnam Airlines is increasing the frequency of flights on its Ho Chi Minh City–Singapore and Ho Chi Minh City–Bangkok routes, while also launching a series of promotional offers to meet growing travel demand during the summer peak season.
VOV.VN - Domestic airlines in Vietnam are adding hundreds of thousands of seats to meet the surging travel demand during the April 30 and May 1 holiday period this year.
Airfares to domestic tourist destinations have soared ahead of the national holiday from April 30 to May 4, with many peak-time flights already sold out.
As the Lunar New Year (Tet) holiday is approaching, the Vietnamese aviation market has experienced intense pressure with airfares soaring and seat availability becoming increasingly scarce.
The Ministry of Transport has ordered better control and management of airfares from State agencies, including the Civil Aviation Authority of Vietnam (CAAV), the Transport Development and Strategy Institute (TDSI) and the Airports Corporation of Vietnam (ACV).
Domestic airfares have been cooling down, with the prices on many routes even halving as compared with those during the National Reunification (April 30) and May Day holidays.