Explainer: How are airfares set in Nepal, and who regulates them?

AI Summary

Airfares in Nepal are shaped by demand, available seats, operating costs and competition. Domestic prices are subject to prescribed limits, while international fares are mostly market-driven and influenced by bilateral air service agreements.

Airfares depend on demand, seat availability, operating costs and competition. While domestic fares must stay within prescribed limits, international ticket prices are largely determined by market forces and bilateral air service agreements.