Domestic airfares begin to cool down

Airfares on routes from North to South such as Hanoi - Ho Chi Minh City have begun to cool down, down by half compared to 1-2 weeks ago.

According to records, the round-trip ticket price from Hanoi to Ho Chi Minh City for the following weekends (March 15-17) has dropped to the lowest level of 3.5 million VND, including taxes and fees. Compared to 1-2 weeks ago, this price is only half. Next week, the round-trip ticket price on this "golden route" will be even lower, from only 3 million VND.

Similarly, for the Hai Phong , Thanh Hoa, Vinh - Ho Chi Minh City routes, round-trip tickets for the weekend (March 22-24) are also only from 3 million. About 10 days ago, the flights to Ho Chi Minh City from these localities were mostly "sold out" or only business class tickets were available. In general, the domestic airfare prices will decrease further from the first week of April until before the April 30 - May 1 holidays.

During the first weekends of April, round-trip ticket prices from Hanoi to famous tourist destinations such as Nha Trang, Da Lat, and Phu Quoc also dropped sharply. In particular, round-trip tickets from Hanoi to Phu Quoc are the lowest from 3.4 million VND, Hanoi to Nha Trang from 3.5 million VND, and Hanoi to Da Lat from 3.6 million VND.

According to a media representative of a private airline, domestic airfares have begun to decrease because the peak period of Tet has passed and passenger travel demand has cooled down. Like previous years, from now until the end of May (except for the April 30 holiday) is the low season for domestic aviation. Ticket prices will usually increase again during the peak summer season, starting from the beginning of June.

This year, domestic air tickets are still scarce 3 weeks after Tet because domestic airlines lack aircraft and have reduced supply capacity. In the middle of last week, the Civil Aviation Authority informed about the recall of engines used on dozens of A321neo aircraft of Vietnam Airlines, Vietjet and Bamboo Airways to stop operating the Embraer E190 fleet. According to the agency, these reasons directly affect the transport force, fleet size and supply capacity on domestic and international routes this year and throughout 2025.

The management agency requires domestic airlines to proactively plan their operations and have backup plans to supplement the number of aircraft that are missing due to engine repairs. During this period of fluctuation in the aircraft fleet, the Department requests airlines to publish daily lists of flights with changed schedules so that passengers can arrange their travel itineraries appropriately, as well as comply with regulations on public disclosure of information on prices, to prevent illegal ticket price increases.

Despite the strain on resources, compared to last year, the business operations of airlines are now somewhat less stressed with the cost of jet fuel. Currently, the price of Jet A1 gasoline is around 86 USD per barrel, while the average for the whole of last year was about 114 USD per barrel. According to the leader of an airline, one of the important conditions for the ticket price to decrease is that the cost of fuel must go down.

Mr. Tu

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