Indonesia's Ministry of Transportation announced that Jakarta Soekarno-Hatta International Airport will receive a USD1.36 billion renovation entirely funded by Angkasa Pura II (Jakarta Globe, 26-Jul-2011). Construction will commence in 2012 and complete in 2014. Changes included completing development of Terminal 3 by 2013, renovating terminals one and two, constructing a new cargo terminal by 2013. Other improvements include an automated transportation system linking the terminals as well as a shopping mall and a hotel. Vice Presidential Spokesman Boediono’s said it was hoped that the number of passengers would increase to 62 million passengers p/a by 2014, adding “that will mean increasing the apron capacity from the current 125 aircraft to 174 aircraft.”
Soekarno-Hatta to recieve USD1.37bn renovation
You may also be interested in the following articles...
Airports - subject as always to the vicarious uncertainty of airline fortunes
CAPA’s 2016 outlook was against a background of unusually high levels of profitability for airlines.
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.
The long haul network has particularly struggled, driving the drop in profitability. However Garuda is keen to continue strategic expansion.