KUALA LUMPUR, Oct 20 — The Malaysian Aviation Commission (Mavcom) will regulate the prices of flight tickets to ensure that airlines do not hike up prices arbitrarily ahead of the 15th General Election (GE15), said Transport Minister Datuk Seri Wee Ka Siong.
He said that although flight ticket prices would normally increase according to the Dynamic Price Mechanism if there was an event involving a large number of passenger movements, Mavcom would take action if airlines were found to have raised prices against the set conditions.
“Based on the dynamic pricing mechanism for any airline in the world, the earlier it (the ticket) is booked, the cheaper it is and the closer to a date or event, the price will be higher,” he said when met at the launch of the Taxi4U application at the Land Public Transport Agency’s (APAD) central region office here today.
Wee was commenting on allegations that airline ticket prices had doubled following the announcement of the polling date for GE15.
The Election Commission (EC) today said that polling would be held on November 19, while nominations would be done on November 5 and early voting on November 15.
— Reuters
