HANOI, April 23 (Xinhua) -- The Civil Aviation Authority of Vietnam (CAAV) has proposed introducing a fuel surcharge mechanism for domestic flights to help airlines cope with rising fuel costs, the Vietnam News Agency reported Thursday.
Under the proposal, the surcharge would be applied when Jet A-1 fuel prices reach 100 U.S. dollars per barrel, with additional surcharge tiers set for every 10 U.S. dollar increase.
It would apply to basic economy-class domestic passenger services for a period of three months.
According to the International Air Transport Association, the price of Jet A-1 fuel stood at 217.34 U.S. dollars per barrel on April 10, keeping prices in the Asian region near peak levels seen during the outbreak of conflict in the Middle East.
