Gov’t Prepares Mitigation Approaches for Domestic Airfare
The Government has maintained the domestic airfare increase for economy class around 9—13% as a result of the aviation fuel price surge, caused by global geopolitical tensions. Some policies include a fuel surcharge, the implementation of the 11% Government-Borne Value-Added Tax, and exemption from import duty on aircraft spare parts. The 70—80% surge in aviation […]