Floor prices for air tickets will hurt passengers: experts
By Dat Nguyen  April 9, 2021 | 11:03 am GMT+7
A Vietnam Airlines aircraft seen at Narita, Chiba, Japan in February 2020. Photo by Shutterstock/Kittikun Yoksap.
Setting floor fares for air tickets will rob customers of opportunities to get discounted tickets and also create unfair competition, experts say.
The floor price will exclusively create advantages for Vietnam Airlines, eliminating competition and forcing passengers to select the national flag carrier in the mid- and high-end segments, said aviation expert Nguyen Thien Tong.
He was referring to a Vietnam Airlines proposal to apply a floor price of VND414,000–1.4 million ($18–61) for all flights depending on distance.
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