Vietnam Pacific Airlines to offer US$1 fares starting this month
Vietanm Pacific Airlines will become a low-cost carrier on Feb. 15 when it begins selling 50,000 tickets at low fares of as little as VND15,000 (under US$1), said Pacific Airlines director Luong Hoai Nam.
Round-trip air fares on Hanoi-Ho Chi Minh City routes would be set at 11 price levels including nine non-refundable levels and two refundable ceiling level fares.
According to Nam, passengers on one-dollar flights would be responsible for additional fees and taxes, bringing total fares to about VND45,000 (US$2.8).
No meal service would be offered on these budget flights, Nam added.
Nguyen Kim Thanh, a manager of Vietnam Pacific Airlines e-ticketing system, said the airline maintained both traditional ticketing and e-ticketing systems.
According to Nam, Vietnam Pacific Airlines is operating 20 aircraft and plans to increase its number of flight from 10 to 12 per day.
Vietnam Pacific Airlines began following a model to become a low-cost carrier three years ago, after the success of foreign budget carrier in Vietnam.
The Vietnam airline projects a drop of 30-40% in costs over the next 3-5 years with the aim of increasing its current annual number of passengers of 750,000 to 5mil passengers in 2011, Nam said.
Statistics have shown that only about half a million Vietnamese fly frequently, out of a population of 85mil people, while in Indonesia the figure was 30mil out of 230mil.
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