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airfares

KONTAN.CO.ID - JAKARTA. Low-cost carriers (LCC) have agreed to cut airfares to 50 percent of the price ceiling (to be announced, starting on Thursday for domestic flights in response to the government’s effort to push down the price of plane tickets.

“We are committed to providing affordable flights. The flight schedules and cost sharing [plan] will be discussed in the next coordination meeting,” Secretary to the Coordinating Economic Minister Susiwijono Moegiarso said in Jakarta on Monday.

The agreement was made during a coordination meeting attended by aviation industry stakeholders on Monday.

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