CAAV mandates adherence to price regulation amid fare hike

Vietnam’s aviation authority has issued a directive mandating adherence to price regulations for local passenger transport services amid a hike in flight ticket prices, according to local media. The Civil Aviation Authority of Vietnam (CAAV) ordered local airlines to publish and publicise selling prices following regulations on distribution channels and penalize agents who fail to comply with local fare rules, reports Xinhua citing the local media. It also requested a strengthening of ticket sales control to ensure that sales are made at the declared price outlined in an official document. Currently, the price range for economy-class passenger transportation services is