The Jakarta Post
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Companies 1 year ago
Airlines weigh Middle East cancellations after US strikes in Iran
Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the US attacked key Iranian nuclear sites and Tehran vowed to defend itself.
Companies 1 year ago
Southeast Asia's budget airlines bet on travel demand, despite competition woes
Southeast Asia's biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.
Markets 1 year ago
PREMIUM
Transport minister asks airlines to buy rejected Boeing planes from China
While the transport minister has urged local airliners to look at buying rejected Boeing jets as an opportunity for fleet expansion, industry association INACA has called for a collected, practical stance in view of regulatory, certification and other established processes.
Companies 1 year ago
PREMIUM
New airlines’ entry a gamble in domestic market headwind
The government has long sought after new airlines, hoping to improve competition and lower airfares in the country’s duopoly aviation market. Flag carrier Garuda Indonesia and Lion Air are estimated to serve between 70 and 80 percent of domestic passengers annually.
Economy 1 year ago
PREMIUM
Govt to take another chance at tourism recovery this year
The government sought to support travel and hospitality businesses with more international flights last year, but the sector has yet to see a full recovery from the coronavirus pandemic. There’s hope among tourist industry stakeholders that 2025 will finally bring a rebound.
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