Independent Consumer and Competition Commission (ICCC)

The code-share services will be provided under flights operated by Air Niugini.

The code-share arrangement with Air Vanuatu will be on the Port Moresby-Port Vila route via Honiara. The code-share arrangement with Solomon Airlines will be on the Port Moresby-Honiara route.

Commissioner and Chief Executive Officer, Paulus Ain, said whilst both code-share agreements raise competition concerns, they are likely to continue to bring more benefits to the players in the aviation industry and contribute to the growth of economic activities associated with the aviation industry. 

According to a statement by the Independent Consumer and Competition Commission (ICCC), the prices for petrol, diesel and kerosene have all risen for the month of October.

Petrol recorded the highest, with an increase by 8 toea per litre (tpl) – from 283.51 tpl in September, to 291.51 tpl.

Diesel is up by 1.77 tpl from 226.15 tpl in September, to 227.92 tpl, and kerosene rose by 2.86 tpl – from 216.45 tpl to 219.13 tpl.

The new prices are set based on the calculation of the Import Parity Prices (IPP) for the month of September.