Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe airline industry's record-breaking scramble to convert older passenger jets to freighters during the travel-starved years of the coronavirus pandemic threatens to bring a glut of cargo space as a dimming global economic picture hits demand.
A one-way direct trip from Shanghai to Chengdu on Juneyao Airlines Co. this Saturday costs just 90 yuan (US$13) plus 50 yuan in taxes. That’s a three-and-a-half hour journey, about the same as a flight from New York to New Orleans.
Ticket prices have remained unusually high and the current duopoly market structure seems to be a factor in the new phenomenon. But the market domination by the Garuda Indonesia Group and Lion Group does not automatically lead to anticompetitive behavior. There must be an indication of collusive price fixing or cartel arrangements. #opinion
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.