Vietnam’s airlines cut flights amid rise in jet fuel prices

 Vietnamese airlines are imposing major cuts on domestic and international flights in April due to the rising cost of jet fuel, according to a report on Friday in Nhan Dan, the official newspaper of the Communist Party of Vietnam.

• National carrier Vietnam Airlines is suspending seven domestic routes from April 1.
• The airline could make deeper cuts of 10 to 20 percent of its flight volume if jet fuel prices rise between $160 to $200 per barrel.
• Domestic routes will see the most cancellations with cuts of 12 to 26 percent to flight volume, while international routes will see cuts of 4 to 18 percent.
• Pacific Airlines, a budget carrier, said it will cut capacity by 8 to 30 percent from April 1 by cutting flights during off-peak hours.
• VietJet Airlines, another budget carrier, will cut flight capacity by 18 percent from April 1, with a focus on its domestic service.