Inaca Apply for 40 Percent Limit Tariff Adjustment

By : Herry Barus And Aldi Firhand. A | Tuesday, May 29 2018 - 19:50 IWST

Visitors observed the aircraft owned by the airline PT Garuda Indonesia at Garuda Indonesia Travel Fair (GATF) 2017 in DI Yogyakarta, Friday (10/3). (ANTARA / Andreas Fitri Atmoko)
Visitors observed the aircraft owned by the airline PT Garuda Indonesia at Garuda Indonesia Travel Fair (GATF) 2017 in DI Yogyakarta, Friday (10/3). (ANTARA / Andreas Fitri Atmoko)

INDUSTRY.co.id - Jakarta - The Indonesian National Aviation Company Association (Inaca) has submitted a lower tariff limitation of 40 percent of the upper limit tariff to the Ministry of Transportation following the increase in fuel prices for aviation aircraft that currently has reached 40 percent.

Chairman of Inaca Pahala N Mansury said both from Inaca and Garuda Indonesia Airlines have submitted the limit adjustment since mid-2017.

"Now the lower limit rate of 30 percent of the upper limit rate, we expect to be re-adjusted again as before 40 percent of the upper limit rate," said Pahala in his presentation in Jakarta, (28/5).

The reward describes 90 percent of the expenditures made in US dollars, and 30 percent of the operational cost is for the purchase of aviation fuel. Thus, the current increase in operating costs reaches 17 percent with a currency depreciation of four to five percent.

"Our expenditures are almost all in dollars, while the revenue in rupiah, so it is not balanced, last year the price of aviation was 29 percent lower, now 12 percent more expensive," he said.

Currently, Pahala said it is hoping and awaiting the results of the study and evaluation of the government for the submission of the rate increase. However, he added, for this festive season Eid, still use the old rates.

Previously, the Director General of Air Transportation of the Ministry of Transportation, Agus Santoso, will not review the lower tariff hike since it is still waiting for fuel price trends and fluctuations in the rupiah against the US dollar for the next three months.

"We wait until the 10 percent increase, then we evaluate," he said.

News Comment

Today's Industry

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Selasa, 10 November 2020 - 10:30 WIB

Collaborative Robots Open New Horizons in Quality Control Processes

Collaborative robots (cobots) offer suitable solutions to manufacturers. Hence, cobot-based quality control and inspection systems that can transition between different end products in very…

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Clean Earth Technologies (CET)

Jumat, 30 Oktober 2020 - 10:30 WIB

Clean Earth Technologies’ New Class Of Polymers Invented By Associate Professor, Justin Chalker, Receives Australian Pm’s New Innovator Award

Associate Professor Justin Chalker has invented a novel class of polymers synthesised directly from elemental sulphur which is a waste by-product of the petrochemical industry and renewable…

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.