Airfare prices cool down but still not cheap

Despite the cooling off of airfare prices since the Lunar New Year in 2024, ticket prices on many flight routes are still staying high.

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According to reports, the cheapest price for the Hanoi – Ho Chi Minh City route is currently 3.8 million VND round trip (including taxes and fees), offered by Bamboo Airways and Vietjet Air. On the same route, Vietravel Airlines is selling tickets for 4 million VND round trip; Vietnam Airlines’ price is 4.1 million VND.

Meanwhile, air ticket prices on routes with Ho Chi Minh City as the final destination have cooled off significantly, with some routes seeing a decrease of up to 63% compared to the Tet holiday. Just last week, some flights were even sold out or only had business class seats available when people returned to Ho Chi Minh City for work.

Currently, the Hai Phong – Ho Chi Minh City route still has tickets priced at over 4.1 million VND round trip (during Tet, it was over 7 million VND); round trip tickets between Da Nang and Ho Chi Minh City cost at least 3.7 million VND (during Tet, it was 7.7 million VND); Hue – Ho Chi Minh City tickets are priced at 3.6 million VND, operated by Vietjet Air (during Tet, it was 9.7 million VND).

Illustrative photo.

For flights to tourist destinations, ticket prices are gradually decreasing. Round trip tickets from Hanoi to Nha Trang on weekends (departure on March 22, return on March 24) start at 4.9 million VND; from Hanoi to Da Lat around 4.3 million VND; from Hanoi to Phu Quoc starting at 3.1 million VND; from Ho Chi Minh City to Phu Quoc around 3.2 million VND; from Ho Chi Minh City to Nha Trang around 2.1 million VND.

A representative of an airline said that domestic airfare has cooled off due to the end of the peak Tet period and the decrease in travel demand. However, the “affordable” prices only apply from now until the end of April. Starting from the April 30 holiday to the end of August, ticket prices will increase again due to high travel demand during the holiday season and summer.

Prior to this, the Civil Aviation Authority requested airlines to proactively coordinate with travel businesses to develop programs and plans to operate flights to key tourist destinations in the period from April 30 to May 1 and the summer peak of 2024.

Airlines must report their operational needs, increase flights, and make proposals related to adjustments of take-off and landing times; flight service times at airports during this period.

At the same time, based on resources, market demand, and optimization of aircraft operating hours, airlines should urgently develop plans to increase flights on domestic routes from the North to the South, including increasing operations during evening and night hours to timely meet the travel needs of passengers.