Below is a list with tagged columns and company profiles.

Today's Headlines Aviation

  • 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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  • Fleet Optimization Garuda Indonesia: 50 New Airplanes up to 2024

    Fleet Optimization Garuda Indonesia: 50 New Airplanes up to 2024

    National flag carrier Garuda Indonesia targets to see the arrival of 50 new airplanes up to 2024 in an effort to revitalize the airline's fleet and improve its on-time performance. Pahala Mansury, President Director of Garuda Indonesia, explained that the airline has already been making these orders since 2014. One Boeing 737 Max 8 aircraft arrived on 26 December 2017. Between 2020 and 2024 more planes will follow, between 5-10 per year.

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  • Tony Fernandes Reiterates Indonesia AirAsia's 2017 IPO Plans

    Fernandes Reiterates Indonesia AirAsia's 2017 IPO Plans

    Tony Fernandes, Chief Executive of Airasia, said the Malaysian group plans to conduct an initial public offering (IPO) for its Indonesia AirAsia unit on the Indonesia Stock Exchange before the end of 2017. By selling a stake of between 25-30 percent to the public, the low-cost airline aims to generate funds required for further business expansion (specifically for the purchase of new airplanes and opening of new flight routes).

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  • Indonesia to Allow More Foreign Investment in Airports?

    Indonesia to Allow More Foreign Investment in Airports?

    The Indonesian government may soon revise its negative investment list (in Indonesian: dafter negatif investasi) to attract more foreign investment into Indonesia. The government is specifically seeking to allow bigger foreign stakes in the management of airports across the Archipelago.

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  • Airports in Indonesia: Bali's Ngurah Rai World's 3rd-Best Airport

    Airports in Indonesia: Bali's Ngurah Rai 3rd-Best Airport

    Airport Councils International, the only worldwide trade representative of the world's airports, considers Bali's I Gusti Ngurah Rai International Airport the world's third-best airport in the category "airports with an annual passenger capacity of 15-25 million people in 2016". The airport's score improved from 4.74 in the 2015 edition to 4.92 in the latest edition. To continue improving its performance, the airport operator will continue to invest in airport facilities as well as supporting infrastructure.

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  • Airline Sriwijaya Air Delays IPO on the Indonesia Stock Exchange

    Airline Sriwijaya Air Delays IPO on the Indonesia Stock Exchange

    Sriwijaya Air, the third-largest airline in Indonesia, decided to postpone its initial public offering (IPO) on the Indonesia Stock Exchange - by one or two months - to April or May 2017 (initially the company targeted to conduct this corporate action in March 2017). Chandra Lie, President Director of Sriwijaya Air, said the airline needs more time to prepare the IPO. Lie added that it may also revise the number of shares that are offered to the public. Earlier, Sriwijaya Air planned to release 25 percent of its total outstanding capital stock.

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  • Aviation Industry Indonesia: Lion Air Eyes 15% Air Passenger Growth

    Aviation Industry Indonesia: Lion Air Eyes 15% Air Passenger Growth

    Indonesian low-budget airline Lion Air targets to see a 15 percent year-on-year (y/y) increase in air passengers to 38.25 million in 2017, from 33.26 million passengers that were carried by the airline in the preceding year. Daniel Putut, Director for Business Development at the Lion Air Group, said the airline will need to achieve this target without expanding its fleet size, which currently numbers 113 units. Lion Air, founded by Rusdi Kirana, is one of the biggest airlines of Indonesia, dominating the low-budget segment.

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Latest Columns Aviation

  • Financial Victims of Sharp Rupiah Depreciation: Garuda and PLN

    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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  • Two Airports Serving the Community of Indonesia's Capital City of Jakarta

    Two Airports Serving the Community of Indonesia's capital City of Jakarta

    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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  • Two Indonesian Airlines Plan Corporate Actions for Business Expansion

    Two Major Indonesian Airlines Plan Corporate Actions for Business Expansion

    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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  • Indonesian Infrastructure Update: Construction of the Karawang Airport

    Indonesian Infrastructure Update: Construction of the Karawang Airport

    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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  • 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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