Vietnam aviation authority proposes removal of ceiling rates on airfares

Airplanes are seen in Phú Cát airport in Bình Định Province. The CAAV has proposed airlines can decide their own domestic ticket prices on routes with three or more airlines operating together. — VNA/VNS

HANOI (Vietnam News/ANN): The Civil Aviation Authority of Vietnam (CAAV) has proposed the removal of the cap for airfares on domestic flight routes operated by at least three carriers.

It made the request in a draft report reviewing the implementation of the 2006 Law on Civil Aviation of Vietnam and the revised edition in 2014. It said the domestic transportation market has become very competitive with more and more airlines.