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High aircraft lease prices make carriers reluctant to expand: Bamboo Airways CEO

High aircraft lease prices make carriers reluctant to expand: Bamboo Airways CEO

Rising jet leasing prices make Vietnamese airlines reluctant to expand their fleets since they fear their losses might then increase, Bamboo Airways CEO Luong Hoai Nam said.
Property consultancy Knight Frank wants construction of beachfront hotels stopped

Property consultancy Knight Frank wants construction of beachfront hotels stopped

Plunging demand drags down international airfares

Plunging demand drags down international airfares

Domestic airfares plunge to 6-year low

Domestic airfares plunge to 6-year low

Domestic airfares in July have dropped double-digits to the lowest in six years amid falling demand.
July 9, 2023 | 03:00 pm PT
Finance Ministry evaluating minimum airfare policy

Finance Ministry evaluating minimum airfare policy

The Ministry of Finance will study the possibility of imposing minimum airfare prices to ensure fair competition and make sure that “professional airlines will not be beaten by low-cost carriers.”
April 7, 2023 | 05:30 pm PT
Airlines propose scrapping airfare caps

Airlines propose scrapping airfare caps

Airlines and some experts have proposed hiking and eventually removing domestic airfare caps to support businesses in difficult times.
February 25, 2023 | 04:22 pm PT
Hourly rise in airfares as summer demand surges

Hourly rise in airfares as summer demand surges

Airfares have risen in the last several months, with customers reporting hikes within hours, as summer travel demand booms after two years of Covid-19.
June 26, 2022 | 01:29 am PT
Hiking airfare cap won’t affect inflation: aviation head

Hiking airfare cap won’t affect inflation: aviation head

The proposal on raising the airfare cap has been calculated to protect customer interests and economic stability, said Dinh Viet Thang, head of the Civil Aviation Administration of Vietnam (CAAV).
April 15, 2022 | 04:27 am PT
Aviation regulator wants fare caps for domestic flights raised

Aviation regulator wants fare caps for domestic flights raised

The Civil Aviation Authority of Vietnam has recommended a 3.7-percent increase in domestic fare caps to enable airlines to cope with surging fuel prices.
April 12, 2022 | 09:22 pm PT
Airfares plummet as more flights resume

Airfares plummet as more flights resume

Airfares have fallen by two-thirds compared to a few weeks ago after airlines were allowed to resume more services and operate more flights from Oct. 21.
October 22, 2021 | 08:13 pm PT
Vietnam Airlines once again calls for setting minimum fares

Vietnam Airlines once again calls for setting minimum fares

Vietnam Airlines wants aviation authorities to set floor fares and increase the ceiling, saying it would ensure fair competition among carriers.
April 5, 2021 | 07:02 pm PT
Lack of direct flights hits Vietnam outbound tourism

Lack of direct flights hits Vietnam outbound tourism

The lack of direct flights from Vietnam to global tourism hotspots is troubling local tour companies amid a rising demand for outbound travel.
March 21, 2019 | 01:13 am PT
Cathay Pacific to honor premium Vietnam-US tickets sold by mistake

Cathay Pacific to honor premium Vietnam-US tickets sold by mistake

Cathay Pacific Airways mistakenly sold Vietnam-U.S. first class and business class tickets at economy prices, but will honor them.
January 3, 2019 | 01:09 am PT
Vietnamese carriers far from world’s cheapest, high fuel costs to blame

Vietnamese carriers far from world’s cheapest, high fuel costs to blame

Vietnam is ranked 15th in the list of cheapest average airfare per kilometer ranked by country.
May 25, 2018 | 11:42 pm PT
Fares hiked by Vietnamese airlines and airports

Fares hiked by Vietnamese airlines and airports

The cost of traveling with children has jumped in April on national flag carrier Vietnam Airlines.
April 1, 2018 | 07:48 pm PT
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