The cost of air travel on Taiwan’s 23 domestic routes is to be reduced by 2.7 to 6.9 percent starting on Aug. 1, due to a recent decline in aviation fuel prices, the Civil Aeronautics Administration (CAA) announced yesterday.
The price of a one-way ticket on the Taipei-Kinmen route operated by Mandarin Airlines would drop the most, declining NT$182, or 6.9 percent, from NT$2,641 to NT$2,459, the CAA said in a statement.
The smallest decrease would be the price of a one-way fare between Taitung and Green Island. It would drop 2.7 percent from NT$1,130 to NT$1,100.
Photo: Liu Hsin-de, Taipei Times
One-way tickets on the other 20 domestic routes would decline by NT$33 to NT$159, the CAA said.
If people have already bought tickets for flights departing on or after Aug. 1, the airline is obliged to refund the difference, the agency said.
The average price of aviation fuel from May to this month fell below the benchmark price of NT$21.74 per liter, the threshold that determines whether domestic airfares rise or fall, the CAA said.
Aviation fuel prices fell below NT$23 a liter in May for the first time since March last year, after peaking at NT$35.24 a liter in July last year.
The price adjustment mechanism was first established by the CAA in 2014 in response to changes in fuel prices.
It stipulates that when the average price of domestic aviation fuel over three consecutive months drops below the threshold, the price of tickets must be reduced accordingly.
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