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Amendment: Airlines May Sell Tickets at Lower Rates

Less than two months after the Minister of Transportation (“Minister”) issued Regulation No. PM 51 of 2014 on Formulation for Calculating and Determining Upper Fare Thresholds for Economy Class Passengers on Scheduled Domestic Flights (“2014 Regulation”), [1] the Minister has  issued Regulation No. 59 of 2014 (“Amendment”) to amend the 2014 Regulation.

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