The Central Jakarta District Court has revoked a decision by the Business Competition Supervisory Commission (KPPU) to impose fines amounting to Rp 585 billion (US$66.7 million) on nine local airlines for price fixing fuel surcharges. The nine airlines were PT Garuda Indonesia, PT Sriwijaya Air, PT Merpati Nusantara Airlines, PT Mandala Airlines, PT Travel Express Aviation Service, PT Lion Mentari Airlines, PT Wings Airlines, PT Metro Batavia and PT Kartika Airlines. The district court’s panel of judges ruled that many factors could keep the rate high like global oil price rallies and the currency rate and they determined price fixing

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register