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Inonesia's Airlines Set to Expand Operations
Indonesia's two largest airline groups, Garuda Indonesia and Lion Air, are further accelerating the expansion of their fleets as they look to capitalise on their leading positions in one of the world's biggest emerging markets.

The two groups - which include Garuda budget carrier Citilink, Lion Air regional subsidiary Wings Air and soon Lion Air's new full service unit Space Jet - are now committed to at least triple the size of their combined fleets from the current figure of about 180 aircraft.

Other Indonesian carriers, including Indonesia AirAsia, Batavia, Mandala and Sriwijaya, are also expected to rapidly grow their fleets as the total number of commercial aircraft operating in Indonesia could approach 1000 aircraft towards the end of the next decade.

The chiefs of several Indonesian carriers, including Garuda, Citlink and Lion, are attending this week's Singapore Airshow and are attracting attention from suppliers of all types. On 14-Feb-2012, the opening day of the airshow, Lion finalised its landmark deal for 230 additional Boeing 737s. Lion, led by founder and president director Rusdi Kirana, will be wheeling and dealing at the airshow all week and is expected to sign on 16-Feb at a major follow-on order for additional ATR 72s. The orders will ensure the Lion Air group has a fleet of at least 468 commercial aircraft by 2026, including about 60 aircraft at Wings Air and about 60 aircraft at Space Jet (excludes Space Jet's fleet of business jets).

Garuda plans to ink at the Singapore Airshow this week its long-anticipated deal for 18 Bombardier CRJ1000s, which will be delivered in the short to medium term including five aircraft late this year. Garuda and Citilink are also using the airshow to negotiate potential deals for additional aircraft.

Garuda CEO Emirsyah Satar tells CAPA the carrier is seeking to acquire through leases or new orders additional A330s and 737s for delivery in the short to medium term. Garuda is also now talking to both Airbus and Boeing about a potential order for A320neos or 737 MAXs to meet its long-term requirement. Garuda, which currently has a fleet of just over 80 aircraft, expects to double its fleet over the next five years. (CAPA)

(published on 02/16/12)

 

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