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New cost structure could lower budget airlines’ ticket prices


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New cost structure could lower budget airlines’ ticket prices

By The Nation

 

Passengers of low-cost airlines might find their tickets getting even cheaper after a cost-structuring formula is revamped.

 

Currently the Civil Aviation Authority of Thailand (CAAT) caps ticket prices at Bt13 per kilometre. This same cap is applied to full-service as well as budget carriers, despite the differences in their basic services.

 

Transport Minister Arkhom Termpittayapaisith said after a meeting of the Civil Aviation Board on Thursday that he had instructed the CAAT to bring fares into line with real operational costs.

 

Full Story: http://www.nationmultimedia.com/news/breakingnews/30307754

 
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