KONTAN.CO.ID - JAKARTA. The government announced on Monday that it would lower the price ceilings for domestic economic class airfares by 12 to 16 percent, of both low-cost carriers and full service airlines, particularly for planes with jet engines. The new price ceilings will take effect May 15. “The government will not directly intervene in fares, but through the Transportation Ministry, we have a responsibility to maintain the balance between the interests of airlines and passengers,” said Coordinating Economic Minister Darmin Nasution in a media conference on Monday evening.
Government to lower price ceilings for domestic airfares
KONTAN.CO.ID - JAKARTA. The government announced on Monday that it would lower the price ceilings for domestic economic class airfares by 12 to 16 percent, of both low-cost carriers and full service airlines, particularly for planes with jet engines. The new price ceilings will take effect May 15. “The government will not directly intervene in fares, but through the Transportation Ministry, we have a responsibility to maintain the balance between the interests of airlines and passengers,” said Coordinating Economic Minister Darmin Nasution in a media conference on Monday evening.