Home | News    Wednesday 5 March 2014

Sudan parliament to summon finance, oil ministers over spike in jet fuel price

separation
increase
decrease
separation
separation

March 4, 2014 (KHARTOUM) – The Sudanese parliament is intending to summon the oil and finance ministers to inquire about reasons behind the new increase of jet fuel price which is expected to raise price of airline tickets by 25%.

JPEG - 9.6 kb
FILE - Planes are seen on the tarmac in Khartoum’s international airport September 13, 2012 (Reuters/Mohamed Nureldin Abdalla)

The secretary general of the Chamber of National Air Transport , Mustafa Al-Kordofani, said the decision to increase jet fuel price has forced airlines companies to either incur financial loss or cancel its flights.

The chamber called on the parliament to intervene to cancel or delay the price increase decision.

Al-Kordofani, who met with the parliamentary subcommittee on Transportation on Tuesday, told reporters following the meeting that finance and oil ministries have neither thoroughly examined their nor have they consulted with bodies responsible for the aviation industry.

He asserted the decision would negatively impact local aviation companies because cost of fuel amounts to 60% of the operating cost, predicting that clients particularly in Darfur states would reject this increase as it will cause a rise in ticket price between 15% to 20%.

The parliament intends to conduct an urgent probe into the issue.

Al-Kordofani noted that most of the companies have 3-months contracts that cannot be canceled overnight, saying the decision left the companies with three options including operating at a loss, cancelling flights or working towards reversing the decision.

He denied that this will also affect international aviation companies, saying local airlines will pull out from the market which amplify the burden on ordinary citizens.

National aviation companies complain about the continuous increase in fuel prices which eats into its profit.

Last year, nine local carriers have stopped operations due to competition by foreign ones which forced them out of business.

Sudan has been plagued by inflation, a shortage of hard currency, and a weakening Sudanese pound since South Sudan separated in 2011, taking with it 75% of Sudan’s oil production.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Referenda in Scotland and South Sudan told a tale of two cities 2014-09-21 06:01:02 By Mahmoud A. Suleiman September 20, 2014 - This article comes against the backdrop of the referendum in Scotland and southern Sudan in the years 2014 and 2011, respectively, and the result was (...)

Undermining South Sudanese expertise’s is ironical! 2014-09-19 10:15:59 By Peter Gai Manyuon September 18, 2014 - The recent order from the Ministry of Labor and Public Service in the Republic of South Sudan that was issued on 16th of September 2014 is absolute (...)

Sudan - Colliding interests 2014-09-16 10:04:11 By Mohamed Elshabik September 15, 2014 - Sudan seems to be unconcerned by the current political crisis in the region. Amid a prognosis of full-scale war in South Sudan, unrest in Egypt, chaos in (...)


MORE








Latest Press Releases


Sudan Democracy First Group: Art as resistance – art as resilience 2014-09-09 12:34:15 Sudan Democracy First Group Art as Resistance – Art as Resilience September 8, 2014 - To mark the third anniversary of the resumption of civil war in Blue Nile and Nuba Mountains/South Kordofan, (...)

Sudan: Those behind unlawful killings and torture of protesters must be brought to justice 2014-09-03 13:13:43 Amnesty International Sudan: Those behind unlawful killings and torture of protesters must be brought to justice The brutal suppression of protest in Sudan must end, and members of the security (...)

National Dialogue in Sudan: Past experiences and current challenges 2014-08-27 06:18:22 Sudan Democracy First Group (SDFG) Since independence, Sudan has undergone a number of national peace agreements, some of which were observed and honored for short periods, others which were (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.