He remarked that Garuda was also concentrating on domestic and cargo flights. For domestic flights, Garuda will exclusively fly to well-known destinations in Indonesia, these as Bali, major towns, and other vacationer attractions.
For the cargo business enterprise, Garuda is creating an open sky policy that is staying talked over at the Ministry of Transportation. Later, Garuda can cooperate with international airlines as feeders that fly to domestic places.
“Many international airways have develop into hub players, these as Singapore, Qatar, and Dubai. They do not have a domestic marketplace in Indonesia. That’s why, we will be the liaison to the domestic sector,” Wirjoatmodjo mentioned all through a push meeting on Tuesday.
At this time, numerous worldwide marketplaces are eyeing products from eastern Indonesia, in particular marine goods. It is achievable for Garuda to target direct shipments from japanese Indonesia to Japan, Hong Kong, and Singapore, he extra.
Garuda is also searching at the industry share of extra or over weight baggage. From the data obtained by Garuda, most Indonesian people often purchase a great deal of souvenirs when they vacation aboard. This is where by Garuda delivers cargo for the overload at an economical selling price.
This business enterprise focus is followed by the performance in Garuda’s fleets. The business diminished the selection of its planes, from 210 aircraft in 2020 to 120 aircraft in 2022, comprising 94 slim-bodied plane and 26 extensive-bodied aircraft.
“In addition, Garuda applies electrical power by the hour regulation, so that Garuda only pays for plane rentals just about every time they are flown,” Wirjoatmodjo stated.
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He claimed that in addition to the business enterprise concentration, Garuda was seeking for lengthy-phrase money investors.
With the restructuring proposal that has been approved, Garuda has been declared healthful in terms of cash stream. Nevertheless, to be declared healthier from a economic equilibrium, Garuda have to to start with full rights troubles one particular and two.
On the exact same occasion, Garuda Indonesia President Director Irfan Setiaputra said that Garuda would grow to be a financially rewarding airline and not just be an airline that operated various routes.
To reinforce Garuda, his side will also speed up the development of Citilink as a small-cost airline as Garuda’s subsidiary.
“We will also go on to consider into account the Hajj and Umrah markets in Indonesia. In fact, if doable, we will fly immediately from huge cities, this sort of as Surabaya, Makassar, and other significant metropolitan areas, without having transit,” Setiaputra additional.
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