I never knew in China, there are price control on air ticket price. Airlines cannot sell tickets with more than 45% discounts. So this little airline in China obviously did not know the rules and decided to pull a marketing stunt selling tickets for RMB1 (RM0.50). Now we know how expensive it would be to fly around in China.
Read more about it here.
BEIJING, China (AP) — A Chinese budget airline that sold tickets for as little as 13 U.S. cents has been fined for violating government price controls, a news report said Monday.
A Spring Airlines subsidiary was fined 150,000 yuan ($20,000; €15,000) for violating rules that limit discounts on government-set ticket prices, the official Xinhua News Agency said.
Spring’s Jinan Spring Holiday Travel Agency sold 400 tickets on flights between Shanghai and the eastern city of Jinan for 1 yuan (13 cents; 10 euro cents), the report said. They accounted for 10 percent of seats on Spring’s flights from November 30 to December 10.
A regular one-way ticket on that route costs 910 yuan ($116; €88), including taxes. Chinese airlines are barred from offering discounts of more than 45 percent on the government-set price, said an official of the Jinan Price Bureau, who would give only his surname, Tang.
Shanghai-based Spring is among smaller Chinese carriers fighting for market share in an industry dominated by three government-run airline groups.
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