Monday, November 12, 2012

Garuda Indonesia to Spend Rp 21 Trillion Next Year for New Planes



Garuda Indonesia said on Friday it will spend a total of Rp 21.4 trillion ($2.2 billion) to bring in 24 new airplanes next year to help achieve the goals of its Quantum Leap program.

The 24 planes include four Boeing 777-300 ERs, two Airbus 330-200s, 10 Boeing 737-800 NGs, seven Bombardier CRJ1000s and an Airbus 330-300.

“The price of a Boeing 777 is about US$150 million. An Airbus 330 is $100 million, a Boeing 737 is $50 million and a Bombardier is between $20 million and $25 million,” Garuda president director Emirsyah Satar said on Friday on the sidelines of the Garuda Indonesia Travel Fair 2012 in Jakarta.

He added that the new Boeing 777 and Airbus planes would be used to serve international routes, replacing Garuda’s aging Boeing 747 aircraft.

“Flights to Jeddah for minor hajj trips [outside of the normal hajj season] and other [international routes] will be served by our new planes,” Emirsyah said.

Garuda currently uses 95 airplanes that serve 32 domestic and 18 international routes.

In addition to the 24 aircraft, twenty other airplanes are expected to arrive by the end of the year, bringing the fleet's total number to 105. The average age of its planes is 5.8 years old.

Under its robust Quantum Leap expansion program, Garuda is targeting to utilize a total of 194 aircraft by 2015.

Garuda aims to serve up to 20 million passengers this year, including those flying with its subsidiary airline, Citilink Indonesia.

Emirsyah said the figure would represent a 17 percent increase in passengers, higher than the projected 14 percent growth of the global aviation industry this year.

SOURCE

About time Indonesia's national airline renew their fleet with other Indo airlines being very aggressive especially Lion Air. Indonesia's aviation sector has be growing so much yearly that even Air Asia wants to tap into the huge market. If the country is able to iron out the safety issues, they will become the next big thing in aviation other than China.


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