High Airfare Prices, Jet Fuel Prices Up 55% in First Half of 2022

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Reza Pahlevi 29/06/2022 14:20 WIB

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Citing Pertamina data, the average price of avtur at Soekarno-Hatta Airport has increased by 55.38% during the January-June 2022 period.

Average Avtur Price at Soekarno-Hatta Airport (January-June 2022)

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High Airfare Prices, Jet Fuel Prices Up 55% in First Half of 2022

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Average Avtur Price at Soekarno-Hatta Airport (January-June 2022)

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Domestic airline ticket prices have increased significantly throughout the first half of 2022. This price increase is partly due to the rise in the price of aviation fuel (avtur).

Quoting Pertamina data, the average avtur price at Soekarno-Hatta Airport has increased by 55.38% during the January-June 2022 period.

In January 2022, the average avtur price was recorded at Rp10,654.98/liter. Then, in the following months, the price continued to rise until it reached Rp16,555.88/liter in June 2022.

For the period of July 15-31, 2022, the avtur price is even expected to be higher, reaching Rp17,362.8/liter.

In addition to the high price of avtur, the weakening of the Indonesian Rupiah against the United States dollar also has an impact. The Rupiah has weakened by 4.18% against the US dollar year-to-date (YTD).

Currently, airline tickets for the Jakarta-Bali route can cost more than Rp1 million. Previously, tickets for this route were priced around Rp500,000.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."