Published on Wednesday, June 24, 2020
Indonesia's antitrust regulator has found seven airlines guilty of anti-competitive practises but stopped short of fining them.
Last year all the airlines raised prices in quick succession causing a negative impact on domestic tourism for several months.
The airlines were Garuda Indonesia, Citilink, Lion Air, Wings Air and Batik Air, Sriwijaya Air, and NAM Air.
All the airlines were controlled by just two airline groups at the time.
Together, the airlines controlled more than 90% of the market.
They were found guilty of 'concerted action or parallelism' but here was no price-fixing collusion, the KPPU agency said.
The airlines must now inform the KPPU when they want to raise fares.
Although they were found to be violating anti-competitive rules, they were not fined due to the current tough business conditions.
The agency took into account the airlines' struggles due to the downturn in travel caused by the Covid-19 pandemic.
Greece and Israel first countries to confirm free access for vaccinated tourists
Grant Shapps deals MASSIVE double blow to travel
Virgin launches new reward club
Enjoy the best of the Sunshine State while leaving the rest behind
Riviera Travel launches 2022 British Isles tours
Travel agents told to stop posting anti-vax views
Legal action looms for Lastminute after it fails to keep refund pledge
Current Asia/Pacific Special Edition
Covid Free Anguilla - we speak to the Tourist Board
Follow me to Tuolumne - Califonia destination in the heart of Yosemite
Extra Income from selling activities ? We talk to TripAdmit
Utah the ultimate sustainable destination ...we speak to the people in charge
Should the UK have a Cabinet Minister for Tourism ? UKInbound talk to TravelMole
You can book now your advertisement for via our online booking service or find out more.
Post your comment
Your Comments
NOTE: Comments are subject to admin approval before being posted.