Saudi Arabian Airlines, the Jeddah-based flag carrier airline of Saudi Arabia, plans to increase its flight frequency to Indonesia's capital city of Jakarta from 14 flights to 18 flights per week. According to Marwan M. Altoumah, Saudi Airlines' Area Manager for Indonesia, Australia and New Zealand, demand for flights between Saudi Arabia and Indonesia is on the rise and therefore the airline wants to cater this demand. By the end of the year, Saudi Arabian Airlines intends to submit its request for additional flights to Jakarta and Surabaya.

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India-based conglomerate GVK is ready to invest USD $500 million as part of its commitment to develop a new international airport in Yogyakarta. Karthi Gajendran, President of Airport Development at GVK, said the company sees great potential in the construction of a new airport in Temon (Kulo Progo) near the coastal line in the Indonesian province of Yogyakarta. GVK will create a joint venture with Indonesian state-owned airport operator Angkasa Pura I later this year to develop the new airport.

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Two international airlines will (temporarily) scrap flights to the Soekarno-Hatta International Airport, located just outside Indonesia's capital city of Jakarta. French flag carrier Air France and Kuwait's national airline Kuwait Airways announced to stop flying to Indonesia's busiest airport starting from 28 March 2016. Reasons behind this decision are sluggish demand for flights to Jakarta, fleet rotation, and Garuda Indonesia's joining of the SkyTeam in March 2014.

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Paket kebijakan ekonomi kedua Indonesia di bulan September, diumumkan pada hari Selasa (29/09), menerima sambutan yang lebih hangat dari para pelaku pasar dibandingkan dengan yang pertama (diterbitkan pada 9 September), dibuktikan dengan rebound saham dan penguatan nilai tukar rupiah kemarin. Paket kebijakan terbaru Indonesia mencakup pemotongan pajak bunga untuk para eksportir, percepatan perizinan investasi untuk investasi di kompleks industri, dan pelonggaran pajak untuk impor barang-barang modal kompleks industri dan industri penerbangan.

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Indonesia dan Malaysia kembali dilanda oleh kabut asap tahunan yang disebabkan oleh kebakaran hutan di Palangkaraya (Kalimantan Tengah). Kabut asap yang tebal ini telah menyebabkan pembatalan sejumlah penerbangan komersil di bandara-bandara lokal di Jambi (Sumatra) dan Surabaya (Jawa). Sejauh ini, dilaporkan bahwa sejumlah tempat di Malaysia memiliki kualitas udara yang tidak sehat.

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Di Indonesia, pihak berwenang menutup sementara operasional di lima bandara, termasuk bandara internasional Ngurah Rai di Denpasar yang merupakan tujuan kunjungan utama turis di Bali. Keputusan ini diambil karena letusan Gunung Raung (berlokasi di Jawa Timur). Level aktivitas gunung berapi ini telah meningkat selama 7 hari terakhir dan kini menyemburkan tinggi abu dan reruntuhan di udara dan membahayakan keselamatan para penumpang udara. Karena penutupan lima bandara ini, diperkirakan ribuan penumpang merasakan dampaknya.

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After Indonesian authorities threatened to suspend the operating license of the Indonesian unit (Indonesia AirAsia) of Malaysia’s budget carrier AirAsia, shares of the latter (AirAsia Berhad) on the Kuala Lumpur Stock Exchange plunged over 12 percent on Wednesday morning (08/07). Indonesia AirAsia is among 13 Indonesian airlines that were found to have negative equity and were ordered by the Indonesian Transportation Ministry to turn this positive before 31 July 2015 in order to retain their operating licenses.

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Pada hari Selasa (30/06), sebuah pesawat militer Indonesia (C-130 Hercules) jatuh ke area pemukiman padat penduduk di kota Medan, Sumatra Utara. Pesawat ini, yang terbang dari bandara militer di Medan menuju Tanjung Pinang (Kepulauan Riau), jatuh segera setelah lepas landas dan kemungkinan membawa 122 penumpang pesawat. Seorang juru bicara Pemerintah mengatakan bahwa setidaknya 141 orang telah meninggal dunia akibat peristiwa ini. Angka ini kemungkinan akan meningkat.

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Maskapai penerbangan berbiaya rendah Indonesia AirAsia, unit lokal dari AirAsia yang bermarkas di Malaysia dan salah satu maskapai penerbangan berbiaya rendah unggulan di dunia, akan berusaha mengumpulkan 250 juta dollar AS selama dua tahun ke depan melalui sebuah penawaran saham perdana (initial public offering/IPO) di Bursa Efek Indonesia (BEI) serta penerbitan obligasi konversi. Obligasi ini senilai 110 juta dollar AS (yang akan memiliki tingkat kupon rendah dengan waktu jatuh tempo 2 tahun), sementara IPOnya (yang dijadwalkan untuk 2017) diprediksi untuk menghasilkan sekitar 150 juta dollar AS.

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Maskapai penerbangan nasional Garuda Indonesia mungkin perlu menghentikan penerbangan langsung antara Jakarta dan Amsterdam (Belanda) karena landasan pesawat di Bandara Internasional Soekarno-Hatta tidak memenuhi persyaratan standar keamanan. Operator bandara Angkasa Pura II baru-baru ini menurunkan pavement classification number (PCN) dari bandara ini karena permukaan landasan tidak cukup kuat untuk mengakomodasi badan lebar Boeings yang lepas landas sementara terisi penuh dengan penumpang dan bahan bakar.

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As companies' financial results of 2013 slowly start to be released, two reports - so far - have raised eyebrows due to significant declines in net profit. These are publicly listed, but majority state-owned, airline Garuda Indonesia and fully state-owned electricity firm Perusahaan Listrik Negara (PLN). Both companies felt the impact of the sharply depreciating Indonesia rupiah exchange rate. The currency fell over 21 percent against the US dollar in 2013 due to capital outflows amid looming US tapering and current account deficit concerns.

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On Friday 10 January 2014, the government of Indonesia opened Halim Airport for scheduled commercial flights. Previously, the only airport that served these types of flights around Indonesia's capital city of Jakarta and surrounding towns was the Soekarno-Hatta International Airport (Soetta), located in Cengkareng (Banten). However, the amount of daily passengers at Soetta has exceeded its capacity. Based on data from Airports Council International, released in 2013, Soetta is the world's tenth busiest airport.

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Garuda Indonesia, the country's top-class airline, is planning to conduct a rights issue in the first quarter of 2014. Through this corporate action, which has already been approved by the shareholders, the state-controlled company aims to raise IDR 2 trillion (USD $162.6 million). For 2014, the airline plans to allocate IDR 4 trillion in capital expenditure (capex) for business expansion. About half of this amount should originate from funds generated through the rights issue.

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Although initially expected to start in 2015, the government announced that construction of the new Karawang airport (in West Java) may commence in 2014. The administrative process (including a spatial plan review) is near completion, thus clearing the way for the airport's groundbreaking. The Karawang International Airport, which is designed to have a passenger handling capacity of 70 million people per year, will be built on a 900 ha piece of land and is envisaged to relieve passenger and flight congestion at Soekarno-Hatta International Airport.

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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, 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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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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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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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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