Travel

Complaints About High Airfares Led Indonesia to Lower Jet Fuel Prices

Bloomberg

Indonesian President Joko Widodo ordered a review of fuel prices following complaints about high air fares blamed on soaring fuel costs. Bloomberg

Skift Take: Indonesia President Joko Widodo threatened the state energy company that he would let private companies enter the market if it didn’t lower fuel prices to an acceptable level. That threat seemed to have helped.

— Dennis Schaal

Read the Complete Story On Skift