Indonesia's Transportation Ministry Director General of Air Transportation Herry S Gumay said he expects air passengers in Indonesia to increase by 13% in 2012 to over 70 million passengers, compared to 62 million in 2011. Mr Gumay, as quoted by The Jakarta Globe, said the country’s growing economy and strong purchasing power is allowing more Indonesians to travel by air instead of by land. Indonesia National Air Carriers Association (INACA) secretary general Tengku Burhanudin said, “The growth in domestic airlines is the backbone of the industry.” Indonesia’s economy is expected to grow by 6.5% in 2012.
Indonesia expects air passengers to increase by 13% in 2012 to over 70 million pax
You may also be interested in the following articles...
Lion Group expands fleet by 16 aircraft in 1H2016, surpassing the 250 aircraft milestone
Indonesia-based Lion Group expanded its fleet by 16 aircraft in 1H2016, cementing its position as the largest airline group in Southeast Asia. Lion now has a fleet of more than 250 aircraft while its rival AirAsia – the region’s second largest group – has under 200 aircraft based in Southeast Asia.
However a net gain of 16 aircraft over the last six months marks a slowdown for Lion. The group’s fleet grew by 59 aircraft in 2015 and 39 aircraft in 2014.
None of Lion Group’s five airline subsidiaries or affiliates added more than five aircraft in 1H2016, resulting in relatively modest capacity expansion. The rate of expansion will likely pick up in 2H2016 but not approach previous levels.
Southeast Asia: A dismal 2014 was followed by a much better 2016
Southeast Asian airlines experienced a significant improvement in profitability in 2015 as fuel prices dropped and market conditions became more favourable after a dismal 2014. However, Southeast Asia’s airline sector continues to underperform compared to other regions in Asia Pacific and particularly to Europe and North America.