News In Brief
April 11, 2011

Air tickets rise in price as rufiya falls

Several air ticket agencies in Male’ have raised the price of tickets in response to the government’s decision to authorise the trade of dollars at up to Rf15.42.
Haveeru reported that Villa Travels, the local agent for Malaysia Airlines and Indian Airlines, had increased its dollar exchange rate to Rf15.42, increasing the cost of a Male-Trivandrum ticket by Rf740.16 (US$60).
Galaxy Enterprises, which sells Sri Lankan Airlines tickets, last week announced it was suspending sale of tickets because of the dollar shortage.
Mac Air Services, the agent for budget airline Mihin Lanka, told Haveeru that ticket prices would remain unchanged as they had not been based on the official exchange rate of Rf12.85.

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