Manufacturing Industry
Price reduction on jet fuel in Indonesia
Airline Industry Information, June 7, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Indonesia has reduced the price of jet fuel by 7.0% as of 1 June 2005 to support the country's domestic aviation industry.
The state-run oil and gas company Pertamina will maintain the reduced rate throughout June, but has also said that airlines filling their tanks at Indonesia's 15 main airports will have to pay in cash, reports The Daily Star.
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COPYRIGHT 2005 M2 Communications Ltd.
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