Philippines
http://admin.travelmole.com/images/stories/2009/images/Garuda_Indonesia(10).jpg

Published on Wednesday, June 24, 2020

Indonesian airlines reprimanded for price hikes






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.

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Has business been non-stop since the relaxation of quarantine ?
Yep 48.79 %
Nope 51.21 %

Thank you for your vote



What is GoodtoGo?

Submit your news
or special offer


Current UK Special Edition



Current US Special Edition



Current Asia/Pacific Special Edition



LATEST 'MOLE VIDEOS

Intrepid Travel from beginning of Covid, now and going forward, with MD Zina Bencheikh

Qatar Airways talk to TravelMole about onboard requirements, future plans and FIFA World Cup 2022

DT Minich from Experience Kissimmee explains why the destination is in good shape

TravelMole discusses its first ever Wellness Day for the travel industry

UPCOMING EVENTS
\m