Lion Group to follow Indonesian government's airline fare cap policy

Lion Group has confirmed its commitment to following the Indonesian government's policy regarding the discussion of upper limits for airline ticket fares. This initiative is part of a broader effort to ensure the long-term viability of the aviation industry while maintaining accessible air transportation services for the public.

Danang Mandala Prihantoro, Lion Group's Corporate Communications Strategic Officer, stated that the company is actively coordinating with regulators and various stakeholders. The goal is to develop policies that offer sustainable benefits to the public. He emphasized that Lion Group respects government decisions, provided they support the national aviation business and the overall air transportation ecosystem.

“

We continue to coordinate with regulators (government) and stakeholders to formulate policies that are sustainable and can continue to provide benefits to the public.

Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono, plans to discuss these fare limits with the Ministry of Transportation. The discussions will consider global geopolitical impacts, particularly the rise in global energy prices due to Middle East conflicts. The minister assured that any adjustments to the upper fare limits would be measured, taking into account public conditions and the increased cost of energy. Lion Group believes that constructive dialogue with regulators and industry players is essential for creating fare policies that benefit both the industry and airline customers, ensuring affordability alongside business sustainability.

“

It's not always easy to navigate global dynamics like this, but hopefully the situation will improve and (airline ticket prices) won't be too burdensome for the public.