Analyzing Impact of Removing Price Cap on Airlines

Analyzing Impact of Removing Price Cap on Airlines

The Indonesian National Air Carrier Association (INACA) is suggesting the removal of price ceiling for tickets (TBA) to the ongoing rise in aviation fuel (avgas) prices coupled with the depreciation of the rupiah against the dollar.

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Rayful Mudassir - Bisnis.com

Sabtu, 4 November 2023 | 20:56

Bisnis, JAKARTA - The escalating operating costs for domestic airlines, driven by fluctuations in avgas prices and the depreciation of the rupiah, have led the Indonesian National Air Carrier Association (INACA) to propose the removal of price ceiling for tickets (TBA).

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