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Domestic air travel prices will not rise before Lunar New Year: CAA

Domestic air travel prices will not rise before Lunar New Year: CAA

Taipei, Oct. 30 (CNA) The Civil Aeronautics Administration (CAA) said Tuesday that the price of domestic air tickets will not rise prior to the Lunar New Year holiday period. Speaking in response to local media speculation on price hikes, Han Chen-hua, head of the Air Transport Division under the CAA, said domestic prices will not go up before the Feb. 9-17 holiday. The issue came to the forefront after local media reported that domestic air ticket prices will increase from 5 percent to 30 percent from 2013 at the earliest. Despite receiving over NT$400 million (US$13.69 million) in subsidies from the government, the nation's four major domestic carriers -- Uni Air, Mandarin Airlines, TransAsia Airways and Far Eastern Air Transport -- suffered a combined loss of nearly NT$700 million in the first half of 2012 due to rising fuel costs, said Han. The carriers were hoping to adopt a fuel surcharge fee to offset the additional costs from the increased oil prices, Han went on, adding that a formula for a surcharge fee will be discussed at a committee meeting next month. Han said there are various means of offsetting rising fuel costs, such as increasing subsidies or lowering airport fees. (By Lin Shen-hsu and Hanna Liu)


Updated : 2021-01-19 10:57 GMT+08:00