ICCC

Air Niugini does share deal with Vanuatu and Solomons

The agreement duration is for two years.

In a statement, ICCC Commissioner Paulus Ain said; “while the ICCC recognizes that the free sale arrangement may not promote vigorous competition amongst the parties in terms of airfares and other related in-flight products and services, the ICCC also recognizes that with the code-share, travellers will now have a choice.

“The two carriers will be competing to sell tickets under their respective codes as compared to the situation without the code-share where only one carrier would operate on the route and market the tickets.

Big drops in fuel prices

“Based on the Import Parity Prices (IPP) the prices of petrol, diesel and kerosene have all decreased for this month,” said Paulus Ain, Independent Consumer and Competition Commission Commissioner.

But the price drop will vary from Port Moresby to other provincial centres due to the cost of transportation of the petroleum product to the fuel stations.   

“As a result of adding all the various cost components, the following table shows the maximum retail prices of fuel that are to be sold in Port Moresby effective from tomorrow (September 8)).”