Airfares, particularly for flights to Saudi Arabia, have dropped by nearly 75 percent following government intervention and stricter regulations, according to the Association of Travel Agents of Bangladesh (ATAB).
Between December and February, passengers faced exorbitant fares for flights from Dhaka to major Saudi cities, with prices soaring to Tk 190,000 under group booking schemes.
However, ticket prices have now dropped dramatically, with fares available as low as Tk 48,000 to Tk50,000 following government monitoring. Some airlines are even offering tickets for Dhaka-Dammam and Dhaka-Riyadh routes at prices as low as Tk 35,000.
To curb soaring airfares and establish market discipline, the Ministry of Civil Aviation and Tourism issued a directive on 11 February enforcing stricter regulations on ticket bookings.
The circular aimed to enhance transparency and eliminate artificially inflated prices for key destinations such as Jeddah, Madinah, Dammam, and Riyadh.
Under the new rules, air tickets must now be booked with the passenger’s name, passport details, and a photocopy of the passport. This measure has prompted airlines to release previously blocked tickets, increasing seat availability in computer reservation systems.
Consequently, both passengers and travel agencies now have real-time access to ticket fares and seat availability, fostering competition and driving down prices.
The directive addresses the widespread issue of artificial seat shortages, which contributed to inflated airfares in recent months.
In a statement, ATAB has praised the government’s intervention, calling it a timely and necessary step to ease financial pressure on travellers, particularly migrant workers who rely on affordable air travel.
“This initiative benefits not only passengers but also the travel industry by ensuring a more transparent and competitive market. We are grateful to the Ministry of Civil Aviation and Tourism for taking this decisive step,” said ATAB Secretary General AfsiaJannatSaleh.
However, Afsiaemphasised the need for continued government oversight.
“Strengthened monitoring and regulatory enforcement will be essential to prevent airlines from reverting to old practices,” she added, noting that additional laws and regulations are being recommended to maintain market equilibrium and protect consumers from inflated prices in the future.
“If the government’s initiative is effectively enforced, it is expected to bring lasting changes to the air ticket industry, ensuring that Bangladeshi passengers, particularly migrant workers, continue to benefit from competitive and affordable travel options,” she said.
In its statement, ATAB acknowledged the contributions of Chief Advisor Professor Dr Muhammad Yunus, Expatriate Welfare and Overseas Employment Advisor DrAsifNazrul, Special Envoy for International Affairs LutfeySiddiqi, and Civil Aviation and Tourism Secretary Begum NasrinJahan in addressing the issue.
With the directive in place and a commitment to ongoing monitoring, ATAB expressed optimism that Bangladesh’s air travel market will remain disciplined and that affordable ticket prices will become the norm.
Earlier this year, on January 26, ATAB had urged government intervention during a press conference, calling for immediate action against soaring ticket costs and market syndication.