Mavcom to regulate flight ticket prices ahead of GE15

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), Transport Minister Wee Ka Siong said.

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...