The Lion Air Group, owned by Rusdi Kirana, remains the dominating force in Indonesia's airline industry. With its three units (Lion Air, Batik Air, and Wings Air) the group carried 20.5 million air passengers in the first half of 2016, controlling 48.4 percent of the market in the first half of 2016, followed by the Garuda Indonesia Group, and the Sriwijaya Air Group. Edward Sirait, President Director of the Lion Air Group, said the group's market share has grown 5 percent over the past year. This is remarkable considering that the global and domestic economy remained somewhat bleak.

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Indonesia's thermal coal price (in Indonesian: Harga Batubara Acuan, abbreviated HBA), a monthly price set by Indonesia's Energy and Mineral Resource Ministry and based on both domestic and global coal prices, rose 9.5 percent month-on-month (m/m) to USD $63.93 metric tons in September 2016, touching the highest level since April 2015. The recent rally is caused by supply cuts in combination with rising coal demand from China. Regarding the near-term, thermal coal prices are believed to have more upside room due to the approaching winter season.

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Passenger capacity at Soekarno-Hatta International Airport, Indonesia's busiest airport located just outside Jakarta, is targeted to reach 61 million (per year) by the end of 2017, up 84 percent from a passenger capacity of 33 million passengers currently. Passenger capacity at the airport will rise strongly after the full completion of construction of Terminal 3 as well as the renovations at Terminals 1 and 2. Although Terminal 3 opened in August 2016 construction will continue into 2017 when full passenger capacity (25 million per year) is expected to be reached.

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The eleventh meeting of the Group of 20 strongest economies (G20) started today in Hangzhou (China). It is the first time a G20 summit is hosted by the world's second-largest economy, a market that has been plagued by an economic slowdown over the past six years. The summit was opened by China's President Xi Jinping who urged leaders to avoid "empty talks" and instead to focus on boosting trade and the world economy which is currently at a critical juncture reflected by high market volatility. Critics, however, point out that China is known for implementing trade barriers.

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