Vietnam Airlines looks to fare hike

28th Apr 2006

Facing rising global prices, fuel costs are up a whopping 13 per cent in the first quarter for local airlines, prompting the Vietnam Airlines to petition the Government for a hike in fare ceilings on domestic routes. The deputy general director of Vietnam Airlines, Pham Ngoc Minh, said oil prices rose from US$65 per barrel late last year to $71 per barrel recently, impacting fuel costs by as much as 10 per cent for Vietnam Airlines in the first quarter of 2006.


Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation