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Berita Hari Ini Aviation

  • Boeing Experiences Severe Turbulence in Indonesia

    Boeing Experiences Severe Turbulence in Indonesia

    Boeing, the American multinational corporation that designs, manufactures and sells airplanes, has been experiencing severe turbulence in Indonesia ever since Lion Air flight JT-610 dove into the sea on 29 October 2018 shortly after take-off from Soekarno-Hatta International Airport outside Indonesia’s capital city of Jakarta, killing all 189 people on board (including crew).

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  • Indonesia Investments' Research Report Released: March 2019 Edition

    Indonesia Investments' Research Report Released: March 2019 Edition

    On Monday (08/04) Indonesia Investments released the March 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of March 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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  • Garuda Indonesia Group Lowers Air Ticket Prices by 20%

    Garuda Indonesia Group Lowers Air Ticket Prices by 20%

    After plenty of public outcry over the past month, the Garuda Indonesia Group decided to cut prices of air tickets by 20 percent for all domestic flight routes. Starting per Thursday (14.02.2019), air passengers can enjoy lower ticket prices when flying Garuda Indonesia, Citilink Indonesia, Sriwijaya Air, and NAM Air.

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  • Preliminary Findings Fatal Lion Air Crash Reported by Investigators

    Preliminary Findings Fatal Lion Air Crash Reported by Investigators

    On Wednesday (28.11.2018) preliminary findings related to the investigation into the fatal crash of Lion Air flight JT610 were reported by investigators to Indonesian parliament. The crash, which killed all 189 people on board (including crew), occurred 13 minutes after the Boeing 737 Max took off from Soekarno-Hatta International Airport in the early morning of 29 October 2018.

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  • Aviation: European Commission Lifts Ban on All Indonesian Airlines

    Aviation: European Commission Lifts Ban on All Indonesian Airlines

    Back in 2007 most Indonesian airlines were banned from flying into the European Union (EU)'s airspace; a decision that was made out of safety concerns. On Thursday (15/06), however, the European Commission announced that it had removed all Indonesian airlines from its EU Air Safety list following further improvements in Indonesia's safety standards.

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  • Garuda Indonesia Eager to Turn Loss into Profit in 2018

    Garuda Indonesia Eager to Turn Loss into Profit in 2018

    Despite posting a net loss in full-year 2017, Indonesia's national flag carrier Garuda Indonesia is optimistic that it will see net profit in 2018. Last year the airline's net loss reached USD $213.4 million, dropping dramatically from a net profit of USD $9.4 million in the preceding year. What strategy will Garuda Indonesia apply to turn the loss into a profit in 2018?

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  • Aviation Industry: How Many Foreign Aircraft Pilots Work in Indonesia?

    Aviation Industry: How Many Foreign Aircraft Pilots Work in Indonesia?

    Asman Abnur, Indonesian Administrative and Bureaucratic Reform Minister, said a total of 654 foreign airplane pilots currently work in Indonesia. This is a relatively high figure compared to the 7,150 Indonesian pilots as it implies that 8.4 percent of all pilots in Indonesia are foreign. The use of foreign pilots is allowed by the Indonesian government since 2008.

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  • GMF AeroAsia Allotted $100 Million to 2018 Capital Expenditure Budget

    GMF AeroAsia Allotted $100 Million to 2018 Capital Expenditure Budget

    Garuda Maintenance Facility AeroAsia (GMF AeroAsia), the aircraft maintenance and repair unit of Indonesia's national flag carrier Garuda Indonesia, allotted USD $100 million to its capital expenditure budget in 2018. This includes the funds that are required for the company's expansion plans to the Middle East. GMF AeroAsia raised IDR 1.13 trillion (approx. USD $84 million) through an initial public offering (IPO) on the Indonesia Stock Exchange in 2017.

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Artikel Terbaru Aviation

  • Weak Market Conditions Trigger Postponement of GMF AeroAsia's IPO

    Weak Market Conditions Trigger Postponement of GMF AeroAsia's IPO

    After it was reported that Garuda Indonesia, Indonesia's state-controlled national air carrier, postponed its rights issue, the company stated that it highly doubts an initial public offering (IPO) of its subsidiary Garuda Maintenance Facility (GMF) AeroAsia on the Indonesia Stock Exchange (IDX) in 2013. The reason for this postponement is current lingering uncertainty that plagues emerging markets, including Indonesia, since May 2013. Uncertainty about the future of the Federal Reserve's quantitative easing program led to a large outflow of foreign funds.

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  • Garuda Indonesia Prepares Rights Issue and Bond Issuance

    Garuda Indonesia Bonds Indonesia Investments

    Garuda Indonesia, one of the major airlines in Indonesia, has announced to conduct a rights issue in October 2013. Through the rights issue, which involves the issuance of 10 percent of new shares, Garuda aims to reap USD $200 million. Garuda was a fully state-owned company before its initial public offering (IPO) in early 2011 when it released 30 percent of its shares. However, Indonesia's House of Representatives (DPR) had approved total public offering up to 40 percent. The remaining 10 percent is now offered through the rights issuance.

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  • Another Record-Breaking Order from Indonesia's Private Airline Lion Air

    Today, Indonesian private airline Lion Mentari Airlines (Lion Air) ordered a record-breaking 234 airplanes from France-based Airbus for a combined price of €18.4 billion (US $24 billion). This mega-purchase marks the aggressive expansion drift of the Indonesian low-cost airline. In November 2011, the company had already ordered 230 aircrafts from (Airbus competitor) Boeing for the combined price of USD $21.7 billion.

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  • What is Blocking Realization of Indonesia's Lucrative Aviation Potential?

    What is Blocking Realization of Indonesia's Lucrative Aviation Potential?

    The number of air passengers in Indonesia has increased significantly during the last decade, and turned the country in one of the fastest-growing air travel industries worldwide. Blessed with robust macro economic growth and a subsequent burgeoning middle class, Indonesians are increasingly using airplanes as means of transportation. It is estimated that in 2012 about 72.5 million people used air transport in Indonesia, a ten percent year-on-year increase.

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  • Booming Aviation Industry in Indonesia Continues its Fast Pace

    One of the industries that has been showing remarkable growth in recent years in Indonesia is the aviation industry. Blessed with robust macro economic growth and a burgeoning middle class, the country's population is increasingly using airplanes as means of transportation. Considering the magnitude of Indonesia, its island rich composition and underdeveloped road and rail network, air travel is an efficient option.

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