Voters in Hanoi reported that the high airfares of domestic airlines have directly affected people's travel needs, especially during the holidays.
Voters asked the Ministry to review the price structure of airline tickets to regulate appropriate ticket prices, ensuring harmonious interests between consumers and airlines.
Voters in Ho Chi Minh City also expressed that recently, the high airfares of domestic airlines have directly affected people's travel needs, especially during peak seasons.
Voters recommend strengthening State management, strictly controlling airfares, contributing to price stabilization, and better serving people's travel needs.
Regarding this issue, the Ministry of Transport said that, regarding the structure of flight costs: According to the report of the Civil Aviation Authority of Vietnam, based on the reported data of Vietnam Airlines (VN) and Vietjet Air (VJ) - these are the two airlines with the largest domestic transport market share - the cost structure in the total cost of a flight in 2023 of the airlines is as follows: Flight fuel costs: Account for 37% to 42%; costs related to aircraft equipment, repair and maintenance: Account for 32% to 41%; flight service costs (ground services, flight operations, etc.) account for 6-7%; the remaining costs include costs related to direct labor, sales costs, management costs, passenger services, etc., account for 16% to 19%.
From the beginning of 2024 to present, the average economy class ticket price on some routes (prices including taxes and fees) of Vietnamese airlines (HVG) have increased compared to the same period in 2023; through checking ticket sales activities, it shows that HVG sells tickets within the price range for passenger transport services on domestic flights according to regulations.
The increase in airfares of Vietnamese airlines is in line with the general trend in the world due to the impact of the main causes of market supply and demand (decline in the size of the operating aircraft fleet, increased travel demand during holidays, Tet, etc.) and fluctuations due to increased fuel prices and exchange rates.
With the current situation and forecast for the coming time, to contribute to reducing pressure on airfares, the Ministry of Transport continues to synchronously and effectively implement solutions to ensure the stability of the air transport force to provide appropriate and balanced loads on routes and domestic/international markets, well meeting the air travel needs of passengers; in which, focusing on solutions: creating conditions for airlines to be able to lease additional aircraft fleets, adjust aircraft operating hours, optimize aircraft operating hours during the day, increase night flights...; the implemented solutions have partially compensated for the shortage of supply capacity due to the decline in the aircraft fleet.
In addition, the Ministry of Transport continues to effectively implement and monitor the implementation of price declaration, price posting, and price information disclosure measures in accordance with legal regulations, as well as recommend that passengers plan to book tickets early to have more opportunities to choose from with suitable ticket prices.
