22.03.2023 - 22:16 UTC
Indonesian carrier TransNusa (8B, Kupang) will launch its first international route in mid-April. It will begin Jakarta Soekarno-Hatta - Kuala Lumpur International flights on April 14, to be followed by a roll-out of scheduled services between Jakarta and other Malaysian airports, including Johor Bahru.
The airline will use its three A320-200s and single A320-200N on the sector and operate the round-trip Jakarta-Kuala Lumpur flights 2x daily. TransNusa group chief Bernard Francis told local media that the service would help meet strong passenger demand on the route. Traffic on the Indonesia-Malaysia country pair leans heavily towards Indonesian nationals who travel to Malaysia for business, tourism, and education reasons.
According to ch-aviation capacities data, seven scheduled passenger carriers already service the route. With the biggest market share is Malaysia Airlines (23.4%), followed by Batik Air Malaysia (21.98%), Indonesia AirAsia (19.48%), AirAsia (12.98%), Batik Air (11.69%), Garuda Indonesia (5.84%), and Citilink (4.64%). In total, the airlines offer almost 39,000 seats a week on the city pair....
21.03.2023 - 22:11 UTC
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) subsidiary Garuda Maintenance Facility Aero Asia Tbk (GMF AeroAsia) has been served a winding-up petition by Tigo Agra Gemilang, a Jakarta-based construction firm. The “debt payment obligation postponement” (Penundaan Kewajiban Pembayaran Utang - PKPU) application was filed on March 13 at the Central Jakarta District Court by Tigo Agra's legal representative Muhammad Fikri Alfarizi.
The filing requested that the court put the MRO unit into temporary PKPU status and appoint a judge from the commercial courts to establish and oversee a team that would schedule a meeting between GMF AeroAsia and its creditors to hammer out a debt resolution plan.
Temporary PKPU status lasts for a maximum of 45 days but can lead to ongoing PMKU status. Such status effectively provides a debtor with court-sanctioned relief from creditor claims so it can work on resolving its existing debts. GMF AeroAsia's latest quarterly report (3Q22) reveals the entity had assets of USD380.47 million and liabilities of USD733.63 million as of September 30, 2022.
In a March 16 filing to the...
01.03.2023 - 05:08 UTC
Having been excluded from a settlement reached with Airbus (AIB, Toulouse Blagnac) in January 2020, Indonesia is seeking assurances from the United Kingdom that it will share in any future deal resulting from a corruption investigation into Bombardier Aerospace (BBA, Montréal Trudeau), the Financial Times has reported.
Cahyo Muzhar, head of legal administrative affairs at Indonesia’s Ministry of Law and Human Rights, told the newspaper that Jakarta was “very unhappy” at being left out of a EUR3.6 billion euro (USD3.82 billion) bribery settlement that the European manufacturer signed with French, UK, and US authorities.
That deal concluded a probe involving Garuda Indonesia (GA, Jakarta Soekarno-Hatta) and its low-cost subsidiary Citilink (QG, Surabaya) in which Airbus admitted to bribery and corruption offences in multiple countries in its efforts to sell aircraft. Jakarta aided the western authorities to uncover bribes paid to executives at the state-owned carrier and reportedly spent around INR2 billion rupiah (USD131 million) on its own investigation.
“The UK did not suffer a financial loss, Indonesia suffered...
23.02.2023 - 04:03 UTC
The Indonesian government has officially authorised the dissolution of PT Merpati Nusantara Airlines, better known as Merpati (Jakarta Soekarno-Hatta). While the airline stopped flying in early 2014, it was only officially declared bankrupt in mid-2022.
On February 20, 2023, Indonesian President Joko Widodo signed Government Regulation (PP) Number 8 of 2023, permitting the airline's dissolution and spelling the end of any relaunch hopes. "(Merpati) was dissolved because it was declared bankrupt based on a decision (of the) commercial court at the Surabaya District Court dated June 2, 2022," the official dissolution notice read. Liquidators have five years from the bankruptcy declaration date to sell off any remaining assets, pay out creditors, and wind up the company, with any surplus capital to be returned to the Indonesian treasury.
Merpati Airlines was founded in 1962 and almost entirely state-owned. Over its 30 plus years of flying, the airline operated airframe types ranging from DC-9-30s to F28-1000s to B737-500s. According to ch-aviation fleets history data, when it ceased flying, Merpati had nine B737-300...
