Kazakhstan’s Ministry of Industry and Infrastructure Development promises to regulate airfare in the near future

The issue of regulating the cost of air tickets and jet fuel will be resolved in the near future, according to Roman Sklyar, the Minister of Industry and Infrastructure Development, Kazakhstan, Kazinform reported.

“We know that air ticket prices are based on the airport’s airfare, the cost of jet fuel, the cost of the aircraft itself, and its leased product. Therefore, you need to put things in order, first of all, in regulating prices for peak dates, when airlines, using dynamic pricing, significantly overestimate prices on weekends and holidays. We are carrying out this work with airlines, and I think that we will regulate this issue,” Mr. Sklyar clarified on the sidelines of the Government meeting.

However, he advised all passengers to plan their trips in advance, then the price will be much lower. In addition, the minister informed that the issue of regulating the cost of jet fuel will be resolved in the near future.

“In transit, the Ministry of Energy provides 100% production of jet fuel. Now we do not buy it abroad. Our plants produce it in sufficient quantities. The issue of cost regulation will be resolved in the near future. Our large companies buy jet fuel directly from traders, without intermediaries. Transit aircraft purchase jet fuel from the airport. Here is the number of intermediaries and margins. Together with the Ministry of National Economy and the Committee for Regulation of Natural Monopolies, we will actively deal with this issue,” Mr. Sklyar said.

Source – http://lenta.inform.kz/

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