Mar­ket, not the govern­ment, to set air ticket prices

China Daily (Canada) - - NEWS CAPSULE -

The Civil Avi­a­tion Ad­min­is­tra­tion of China has pledged to grad­u­ally let the mar­ket, rather than the govern­ment, play a de­ci­sive role over air car­ri­ers’ ticket prices and ad­min­is­tra­tive charges.

Be­gin­ning next year, air­lines will be al­lowed to de­ter­mine ticket prices for routes that the govern­ment de­fines as hav­ing com­pe­ti­tion among car­ri­ers. Start­ing in 2020, they will be al­lowed to de­cide the prices for all routes.

Cur­rently, car­ri­ers can only de­ter­mine the low­est price for their do­mes­tic flights. The high­est price for such flights and prices for in­ter­na­tional ser­vices are con­trolled by the govern­ment.

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