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Major local airlines announce surcharges to offset fuel hike.

Asia Africa Intelligence Wire

| May 31, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Jakarta Post)

Major Indonesian airlines are the latest to charge a new levy to compensate for rising jet fuel costs caused by the current surge in the global oil price.

National flag carrier Garuda Indonesia will apply new fares starting Tuesday, especially for the international routes.

"The new fares will only be applied on several international flights, such as to Australia. But it doesn't rule out the possibility of applying new fares on domestic flights if the price of jet fuel continues to rise," Garuda's executive vice president Bachrul Hakim told The Jakarta Post over the weekend.

He said that jet fuel, or aviation turbine …

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