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Garuda gives SkyTeam leading presence in Southeast Asia as Garuda’s international profile is raised

Analysis

Garuda Indonesia formally enters SkyTeam on 5-Mar-2014, becoming the fifth flag carrier in the fast-growing Southeast Asian region to join a global alliance. With Garuda, SkyTeam surpasses Star as the largest alliance in Southeast Asia by seat capacity with about a 16% share compared to 14% for Star and 10% for oneworld.

For Garuda, entering SkyTeam is an important component of the carrier's new business plan, which also includes fleet renewal and expansion, product enhancements and ambitious growth of its international network. SkyTeam will particularly help Garuda in Europe, a market the carrier is focusing on in 2014 with new non-stop services to Amsterdam and London.

For SkyTeam, Garuda significantly improves the alliance's access to Southeast Asia, in particular the region's largest market - Indonesia. SkyTeam now has members in two key fast-growing emerging ASEAN markets - Indonesia and Vietnam.

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