Surya Air, a non-schedule charter start-up, plans to launch services in Indonesia with IDR74.9 billion (USD8.4 million) in capital (The Jakarta Post, 22-Oct-2010). The airline was established by cigarette company PT Gudang Garam on 15-Oct-2010. The Indonesia National Air Carriers Association (INACA) stated charter demand in the country is high from many sectors in the country.
Charter start-up to launch services in Indonesia
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Garuda Indonesia international outlook Part 1: further expansion despite weak 1H2016 results
Garuda Indonesia is planning further international expansion in 4Q2016 and 2017, despite a recent lacklustre performance in the international market. Garuda is adding capacity to China in 4Q2016 and aiming to launch services to the US in 2017.
Garuda’s international load factor was only 70% through the first eight months of 2016 as the airline struggled to fill additional seats generated by an 18% increase in ASKs. International yields have also declined as Garuda swung back into the red in 1H2016.
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