KUALA LUMPUR: The Malaysian Aviation Commission (Mavcom) will regulate air fares to ensure that airlines do not hike prices arbitrarily ahead of the 15th general election (GE15), says transport minister Wee Ka Siong.
He said although air fares would normally increase according to the dynamic pricing mechanism, Mavcom would take action if airlines were found to have raised prices against the conditions set by the authorities.
“Based on the dynamic pricing mechanism for any airline in the world, the earlier it (the ticket) is booked, the cheaper it is,” he said when met at the launch of the Taxi4U application at the land public transport agency’s (APAD) central region office here.
He 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 Nov 19, while nominations would be on Nov 5. Early voting will be held on Nov 15.
Meanwhile, Wee said his ministry would be conducting a study next year on taxi and e-hailing services.
He said the study would examine solutions to deal with issues raised by industry players, such as market sharing and fairer pricing mechanism for both services.
“Regulating these two industries is important as there are currently more than 96,000 active vehicles in the industry with 88,185 being private vehicles and 7,833 taxis,” he said.
Wee said the study would be led by APAD in collaboration with the Malaysia Institute of Transport.
Meanwhile, Wee said APAD and the road transport department were carrying out enforcement action against e-hailing companies with expired licences.
“Any company that is suspected of carrying out e-hailing activities without complying with the licencing conditions will be asked to provide an explanation… this is done to ensure the safety of passengers,” he said. - FMT
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