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Sriwijaya Air to raise fare in November
The countryâs third largest airline, Sriwijaya Air, is scheduled to raise airfares by 10 percent starting on Nov
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he country's third largest airline, Sriwijaya Air, is scheduled to raise airfares by 10 percent starting on Nov. 1, following the issuance of the new ministerial regulation on a price-ceiling mechanism.
Sriwijaya Air senior manager of corporate communication Agus Soedjono said the increase in airfare would have no significant impact on the airline's ticket sales, as the new policy would only replace the current cost surcharge imposed to help airlines cope with the depreciation of the rupiah against the US dollar and the increasing cost of fuel.
'There will be no changes in terms of our number of sales. The public already understands the situation,' Agus said on Wednesday as quoted by kontan.co.id.
The new Transportation Ministerial Regulation No. 51/2014 on a price-ceiling mechanism was signed by former transportation minister E.E. Mangindaan last month.
Under the new regulation for scheduled full service airlines, the maximum price for a Jakarta-Denpasar (Bali) ticket will increase from Rp 1.4 million to Rp 1.54 million; the maximum price for a Jakarta-Medan (North Sumatra) ticket will go up from Rp 1.84 million to Rp 2 million, and the maximum price for a Jakarta-Makassar (South Sulawesi) ticket will increase from Rp 1.85 million to Rp 1.93 million.
