Airlines operating in Libya intend to raise ticket prices due to the imposition of a tax on the selling price of foreign exchange, according to Khaled Al-Suwaisi, Undersecretary of the Ministry of Transport for Air Transport Affairs in the Government of National Unity.
Al-Suwaisi said there are other factors that go into airline companies’ accounts for dealing in dollars, including external fuel, external stations, the cost of aviation maintenance, and landing at airports outside Libya, but he said: “We reassure travelers that prices will not change significantly”.
On Wednesday, the Central Bank of Libya officially began implementing a 27% tax on foreign exchange sales to various commercial banks, as the exchange rate rose from 4.8 dinars to the dollar to 6.15 dinars.
Economy
