Lion Group to follow government policy on airfare caps

Lion Group has reiterated its commitment to complying with government regulations concerning the upper limits on airfare prices. This stance is part of the company's broader effort to support the sustainability of Indonesia's aviation industry while ensuring air travel remains accessible to the general population.

Danang Mandala Prihantoro, Corporate Communications Strategic for Lion Group, stated that the company is actively engaged in ongoing coordination with regulators and various stakeholders. The objective is to collaboratively formulate policies that offer sustained benefits to the public. "We continue to coordinate with regulators and stakeholders to formulate these policies," Danang said during a press conference for the BookCabin Travel Fair in Jakarta.

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We continue to coordinate with regulators and stakeholders to formulate these policies.

Meanwhile, the Coordinating Minister for Infrastructure and Regional Development (Menko IPW), Agus Harimurti Yudhoyono (AHY), indicated plans to discuss airfare caps with the Ministry of Transportation. These discussions are prompted by the impacts of global geopolitics. AHY emphasized that any adjustments to the upper fare limits would be carefully measured, taking into account public economic conditions and the rise in global energy prices stemming from Middle East conflicts. "It is not always easy to face global dynamics like this, but hopefully, the situation will improve and airfares will not be too burdensome for the public," AHY remarked.

Minister of Transportation Dudy Purwagandhi confirmed that the upper fare limit discussions involve airlines and stakeholders, responding to the global geopolitical impact on flight operational costs. The government is also formulating adjustments to fuel surcharges due to increasing jet fuel prices. Lion Group's Danang added that technical discussions on tariff policies will continue to be communicated intensively with the government and stakeholders.

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It is not always easy to face global dynamics like this, but hopefully, the situation will improve and airfares will not be too burdensome for the public.