Regional Safety Update Gerardo Hueto Assistant Director SFO ASPAC
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Commercial Airline Categories Notes on Tables
Safety Half-year Significant non-fatal accidents/incidents: All commercial airline categories Date: 11 Mar ● Carrier: Transcarga International Airways ● Aircraft type/registration: Airbus A300F (YV560T) ● Location: Maiquetia, Venezuela Injuries (crew/pax): 0 ● Occupants (crew/pax): 3 ● Phase: TO The crew aborted take-off when the left GE Aviation CF6 engine suffered detached and hit a workshop at the airport. The aircraft was delivered to an uncontained failure. A disk failure, believed to be a turbine disk, Eastern Airlines in 1983 and began operating with Transcarga in 2014. Date: 12 Mar ● Carrier: Grant Aviation ● Aircraft type/registration: Cessna 208B Caravan (N407GV) ● Location: Chevak airport, Alaska, USA Injuries (crew/pax): 0/0 ● Occupants (crew/pax): 1/3 ● Phase: TO The pilot began the take-off run for a scheduled domestic service, but runway surface and crosswind. The aircraft swerved off the runway and then elected to abandon the attempt because of a combination of an icy rolled onto a wingtip, sustaining considerable damage. Date: 20 Mar ● Carrier: Trigana Air Service ● Aircraft type/registration: Boeing 737-400F (PK-YSF) ● Location: Jakarta International airport, Indonesia ● Injuries (crew/pax): 0 ● Occupants (crew/pax): 4 ● Phase: L The aircraft was operating a cargo flight from Halim Perdanakusuma In- Directional control was lost and the aircraft ground looped off the left ternational airport, Jakarta to Sultan Hasanuddin airport, Makassar. Just side of the runway; coming to rest on the grass beside the runway on its before lift-off or during the initial climb after take-off, the right engine belly. Tyre marks on the runway suggest that the right main wheel may failed. -
Demand in Indonesian Domestic Air Travel Market After Deregulation
Advances in Engineering Research (AER), volume 147 Conference on Global Research on Sustainable Transport (GROST 2017) DEMAND IN INDONESIAN DOMESTIC AIR TRAVEL MARKET AFTER DEREGULATION Basri Fahriza1,2, Frank Willey1 1. RMIT University, 2. STMT Trisakti. corresponding author: [email protected] Abstract: This research is exploring the change of domestic air travel market demand in Indonesia prior and post deregulation. Changes on policies in Indonesian aviation were contributed to the present day market. This historical overview will examine the ‘oligopoly policy’ with only five airlines and the deregulation process that began in 1999. The research then analyses the demand for domestic air travel. Exponential Moving Average Growth were using to analysing data to forecasting the number of passenger from year 2007 to 2015 in yearly basis. Demand is then analysed on three separate airline routes in Indonesia they are Jakarta-Medan, Jakarta-Surabaya, and Jakarta-Pontianak. Keywords: Demand, Domestic Air Travel, Deregulation, Passeneger, Indonesia. Introduction Deregulation in Indonesia start when governments remove restrictions on airlines business Indonesia to encourage the efficient, competitive and consumer oriented marketplace in Indonesian airline industry (Williams, 1993). Secretary General of the Ministry of Communications Anwar Suprijadi said the decision to deregulate was taken in a bid to promote fair competition in domestic airline services, (“Govt insists on licensing more airlines,” 1999). And resulting numbers of new Indonesian airlines emerged predominantly mostly in the cut-fare sector including Lion Air; Indonesia’s Air Asia, former Adam Air, former Batavia Air and Sriwijaya Air, radically changing the nature of the airline business in Indonesia with present of low cost carrier. -
Vol-5, Issue 2
International Journal of Management Sciences and Business Research, Feb-2016 ISSN (2226-8235) Vol-5, Issue 2 Analysis on the Factors Causing Airlines Bankruptcy: Cases in Indonesia Author’s Details: (1)Suharto Abdul Majid-Faculty of Economic and Business, Padjadjaran University, Bandung, Indonesia (2) Sucherly - Faculty of Economic and Business, Padjadjaran University, Bandung, Indonesia (3) Umi Kaltum- Faculty of Economic and Business, Padjadjaran University, Bandung, Indonesia Abstract the high growth of national aviation services after the aviation deregulation in 2000 has given a positive impact on the increase of national economic activities, especially in tour and trade. In the same time, however, it negatively impacts the aviation business itself, making many airline companies stop their operation and then go to bankruptcy. The aim of this research is to analyze the factors causing bankruptcy to some national airline companies in Indonesia after the aviation deregulation in the periods of 2001-2010 and 2011-2015. It is an exploratory research with a qualitative descriptive approach emphasizing on evaluating the factors causing bankruptcy to a number of domestic airlines in Indonesia. The method of data collection is an interview with the format of focus group discussion (FGD), while the data analysis uses factor analysis method. The results of this research show that there are two main factors that cause bankruptcy to a number of domestic airlines in Indonesia. They are both internal and external factors of the companies. Key words: Airline companies bankruptcy, internal factors, and external factors. INTRODUCTION Since the implementation of the national aviation deregulation policy in 2000, the growth of aviation business in Indonesia increases rapidly. -
Remote ID NPRM Maps out UAS Airspace Integration Plans by Charles Alcock
PUBLICATIONS Vol.49 | No.2 $9.00 FEBRUARY 2020 | ainonline.com « Joby Aviation’s S4 eVTOL aircraft took a leap forward in the race to launch commercial service with a January 15 announcement of $590 million in new investment from a group led by Japanese car maker Toyota. Joby says it will have the piloted S4 flying as part of the Uber Air air taxi network in early adopter cities before the end of 2023, but it will surely take far longer to get clearance for autonomous eVTOL operations. (Full story on page 8) People HAI’s new president takes the reins page 14 Safety 2019 was a bad year for Part 91 page 12 Part 135 FAA has stern words for BlackBird page 22 Remote ID NPRM maps out UAS airspace integration plans by Charles Alcock Stakeholders have until March 2 to com- in planned urban air mobility applications. Read Our SPECIAL REPORT ment on proposed rules intended to provide The final rule resulting from NPRM FAA- a framework for integrating unmanned air- 2019-100 is expected to require remote craft systems (UAS) into the U.S. National identification for the majority of UAS, with Airspace System. On New Year’s Eve, the exceptions to be made for some amateur- EFB Hardware Federal Aviation Administration (FAA) pub- built UAS, aircraft operated by the U.S. gov- When it comes to electronic flight lished its long-awaited notice of proposed ernment, and UAS weighing less than 0.55 bags, (EFBs), most attention focuses on rulemaking (NPRM) for remote identifica- pounds. -
Publications 2019
AAIP Policy Paper No. 2 / 2019 – Reviewing Ownership and Control of the Indonesian Airlines Ridha Aditya Nugraha ASEAN Aviation Integration Platform (AAIP) Policy Paper No. 2 / 2019 Reviewing Ownership and Control of the Indonesian Airlines Ridha Aditya Nugraha Air Power Centre of Indonesia Air and Space Law Studies, International Business Law Program Universitas Prasetiya Mulya Member of German Aviation Research Society The views expressed are those of the author. 2 AAIP Policy Paper No. 2 / 2019 – Reviewing Ownership and Control of the Indonesian Airlines Ridha Aditya Nugraha Contents Executive Summary .............................................................................................................................. 4 1. The Liberalization Progress in Indonesia ................................................................................... 5 2. The State of Play ............................................................................................................................ 6 3. The Current Legal Regime and Its Limits .................................................................................. 9 4. Benefits from Relaxing Ownership and Control of the Indonesian Airlines ...................... 10 5. The Way Forward and Conclusions ......................................................................................... 12 Table 1: Domestic Flights Market Share of Indonesian Airlines, 2017 ........................................... 7 Table 2: International Flights Market Share of Indonesian Airlines, 2017 -
PT Angkasa Pura I (Persero) Kantor Pusat / Head Office: Kota Baru Bandar Kemayoran Blok B
Laporan Tahunan 2012 Annual Report PT ANGKASA PURA I (PERSERO) Kantor Pusat / Head Office: Kota Baru Bandar Kemayoran Blok B. 12 Kav. 2, Jakarta 10610 T: (021) 654 1961 F: (021) 654 1514 www.angkasapura1.co.id PERKUataN PILAR-PILAR BISNIS Strengthening of Business Pillars Laporan Tahunan Annual Report 2012 Daftar Isi Table of Contents 7 52 KINERJA 2012 2012 PERFORMANCE PROFIL PERUSAHAAN COMPANY PROFILE TENtaNG Kami 54 Identitas Perusahaan ABOUT US Corporate Identity 54 Sekilas Perusahaan SASARAN DAN PENcapaiaN TAHUN 2012 Company in Brief TARGET AND ACHIEVEMENT IN 2012 55 Selayang Pandang Overview FOKUS PADA TARGET Utama 57 Menuju Airport City FOCUS ON MAIN TARGET To Airport City 58 Bidang Usaha MENUJU AIRPORT CITY Line of Business TOWARDS AIRPORT CITY 60 Jejak Langkah Milestones IKHTISAR KEUANGAN 62 Peristiwa Penting yang terjadi di Tahun 2012 FINANCIAL HIGHLIGHTS Significant Events of 2012 26 Posisi Keuangan 66 Testimoni Pelanggan Utama Financial Position Main Customer’s Testimony 28 Laporan laba / (Rugi) Komprehensif 72 Struktur Organisasi Comprehensive Income Statement Organization Structure 29 Arus Kas 74 Visi, Misi dan Nilai-nilai Perusahaan Cash Flow Vision, Mission, and Company Philosophy 30 Laporan Perubahan Ekuitas 76 Strategi Perusahaan Statements of Changes in Equity Company Strategy 30 Rasio Keuangan 78 Profi Dewan Komisaris Financial Ratio Board of Commissioners Profile 31 Realisasi Pendapatan 3 tahun terakhir 82 Profil Direksi Realization of 5 last year’s operating income Board of Directors Profile 31 Beban Operasi 86 Pengantar -
Flying Blind
VAN ZORGE REPORT — FEBRUARY 8, 2007 AVIATION Flying blind s the top executives from nearly every major Indonesian airline gathered THE MEETING OF AIRLINE EXECUTIVE WAS around a table at the ministry of transportation in mid-January, a TENSE. A general feeling of irritability filled the air. The group rarely meets and certainly not on such short notice—a combination that led to a somewhat tense atmosphere, one executive at the meeting told the Report. Following the January 1 Adam Air crash, the country’s beleaguered THEY FELT IT WAS UNNECESSARY DESPITE transportation minister, Hatta Radjasa, had called the meeting to discuss the THE RECENT CRASH. country’s aviation safety procedures, which had fallen under heavy scrutiny in the wake of the recent disaster. “Some of them were grumbling,” the executive said. “They said that they knew perfectly well the government’s aviation safety procedures, and they didn’t need reminding.” Indeed, many of those aviation executives certainly have a very professional HOWEVER, ACCUSATIONS ARE RIFE THAT attitude toward air safety. But since the Adam Air tragedy, accusations have SAFETY MEASURES ARE LACKING. intensified that not all airlines in Indonesia have prioritised the safety of their passengers and crews. Some NGOs, DPR members and media outlets have recently questioned THE AVIATION INDUSTRY SEEMS TO BE TWO what they see as the development of a two-tier system within Indonesia’s TIERED IN INDONESIA. aviation industry. They say that many of the budget carriers are prioritising profit over safety while the more expensive carriers are doing a more professional job. However, the jury is still out on whether these budget carriers, which BUT THE JURY IS STILL OUT ON THE mushroomed after the industry was deregulated in the late 1990s, are operating BUDGET CARRIERS. -
THE IMPACT of RESTRUCTURING on the AIRLINE PERFORMANCE: the Case of Garuda Indonesia
Výskumné štúdie THE IMPACT OF RESTRUCTURING ON THE AIRLINE PERFORMANCE: The Case of Garuda Indonesia Roberto AKYUWEN ABSTRACT: Garuda Indonesia is an airline company owned by the Indonesian Government. The airline has been vastly deve- Dr. Roberto Akyuwen loped since being established in 1950. Remarkable growth has been achieved mainly due to the fact that in the Senior Lecturer early years there was minimal competition in the airline industry in Indonesia. Being the fi rst Indonesian airline, Finance Education and Training Center Yogyakarta Garuda Indonesia monopolised the commercial air transportation services. This situation allowed more than Ministry of Finance Republic Indonesia reasonable company performance for many years. However, since the government introduction of an open do- Jl. Solo Km 11 Kalasan, Sleman, Yogyakarta 55571 INDONESIA mestic airline industry in 1990, Garuda Indonesia started to face diffi culties. Garuda competed against a number Telp. 62-274-496219, Facs. 62-274-497235 of private airlines, which possessed expansive strategies in developing routes as well as increasing the number [email protected], [email protected] of aircraft. The performance of Garuda Indonesia gradually decreased to a low when operational profi t and cash fl ow reached negative fi gures during the period 1993 to 1997. Further, the seat load factor and on time perfor- Roberto Akyuwen was born in Ambon, Indonesia on 19 March, 1970. He obtained his doctorate degree with cum mance were also worsening. To overcome these problems, restructuring was fi rst undertaken during 1998 to laude in 2003 from the Doctorate Program in Economics, Gadjah Mada University Yogyakarta. Currently, he has 2001. -
Managementinnovation Strategy to Face the Competition of Domesticcommercial Flight Business in Indonesia Case Study: Garuda Indonesia Airline
MANAGEMENTINNOVATION STRATEGY TO FACE THE COMPETITION OF DOMESTICCOMMERCIAL FLIGHT BUSINESS IN INDONESIA CASE STUDY: GARUDA INDONESIA AIRLINE S. RENDY ARDIANSYAH Department of Engineering Management, University of Birmingham, Birmingham, United Kingdom E-mail: [email protected] Abstract- Innovation is an essential part to be done bycompanies in order to survive for the tight competition in business industry. Being innovative does not just creating new product using the expertise of market researchers, and product developers. It also involves using capabilities of everyone in organisation to achieve the process that help new product to reach the market effectively and efficiently. Garuda Indonesiabecomes one of many companies that successfully innovate in their core business. They do a good innovation in their marketing strategy as well as in the company's management structure. In thispaper, a review of selected innovation strategy has been undertaken by Garuda Indonesia that can provide a competitive advantage and sustainability in the global market. Based on the literature review, a framework has been developed with key factors/enablers that determine the resilience and competitiveness of innovation strategy of Garuda Indonesia. This framework has been empirically studied by collecting data from annual report, and data from company. It involves a sample of competitor and provides further insight into the key characteristics associated with resilience and competitiveness of Garuda Indonesia airline that are influenced by advances -
Global Volatility Steadies the Climb
WORLD AIRLINER CENSUS Global volatility steadies the climb Cirium Fleet Forecast’s latest outlook sees heady growth settling down to trend levels, with economic slowdown, rising oil prices and production rate challenges as factors Narrowbodies including A321neo will dominate deliveries over 2019-2038 Airbus DAN THISDELL & CHRIS SEYMOUR LONDON commercial jets and turboprops across most spiking above $100/barrel in mid-2014, the sectors has come down from a run of heady Brent Crude benchmark declined rapidly to a nybody who has been watching growth years, slowdown in this context should January 2016 low in the mid-$30s; the subse- the news for the past year cannot be read as a return to longer-term averages. In quent upturn peaked in the $80s a year ago. have missed some recurring head- other words, in commercial aviation, slow- Following a long dip during the second half Alines. In no particular order: US- down is still a long way from downturn. of 2018, oil has this year recovered to the China trade war, potential US-Iran hot war, And, Cirium observes, “a slowdown in high-$60s prevailing in July. US-Mexico trade tension, US-Europe trade growth rates should not be a surprise”. Eco- tension, interest rates rising, Chinese growth nomic indicators are showing “consistent de- RECESSION WORRIES stumbling, Europe facing populist backlash, cline” in all major regions, and the World What comes next is anybody’s guess, but it is longest economic recovery in history, US- Trade Organization’s global trade outlook is at worth noting that the sharp drop in prices that Canada commerce friction, bond and equity its weakest since 2010. -
The Impact of Fuel Increase and Currency Exchange Depreciation on Indonesia Aviation Industry Sustainability
ISSN 2355-4721 The Impact of Fuel Increase and Currency Exchange Depreciation on Indonesia Aviation Industry Sustainability The Impact of Fuel Increase and Currency Exchange Depreciation on Indonesia Aviation Industry Sustainability Juliater Simarmata Charles A.N Wynd Rizaldy STMT Trisakti STMT Trisakti STMT Trisakti [email protected] [email protected] [email protected] Abstract Population growth after the crisis of 1998, was accompanied by a very encouraging economic growthreaching 6.3% during 2012. Accordingly, the development of the aviation industry continues to increase rapidly, this is evidenced by the emerging new airlines such as AW Air, Jatayu Air, Lion Air, Star Air which was followed by Batavia Air, Sriwijaya Air, Adam Air, Water Aerfata Papua, which makes the competition between one another takes place very tighty. Through the methods of qualitative and quantitative research design and analysis of rate of expansion which is explorative description, then it is clearly visible that only airlines with appropriate strategies that can survive in the midst of the world economic shocks, especially aviation fuel price increases that occurred every two weeks and the weakening of the rupiah against the dollar . The strategy implemented is related with fuel conservation policy; such as applying Cost Index, Tankering Fuel, Optimum Level Flight elections, focusing on flight technic and maintenance in order to improve efficiency in the use of fuel or aviation fuel, or even change the type of aircrafts. Keywords: fuel increase, currency exchange depreciation 199 Jurnal Manajemen Transportasi & Logistik (JMTransLog) - Vol. 01 No. 03, November 2014 Juliater Simarmata, Charles A.N, Dian Artanti Arubusman ISSN 2355-4721 Introduction As we know, the growth of the world population continues to increase, and Indonesia occupies position number 4 (four) of the world, after China, India and the United States. -
Garuda Indonesia (GIAA IJ) Buy
Indonesia Initiating Coverage 3 October 2019 Transportation | Airline Garuda Indonesia (GIAA IJ) Buy Flying High; Initiate At BUY Target Price (Return) IDR750 (+51%) Price: IDR498 Market Cap: USD0.91bn 14.3bn/1.0m Avg Daily Turnover (IDR/USD) Initiating coverage with a BUY on recent constructive structural Analysts changes, with a 12-month TP of IDR750, derived from a 10-year DCF (WACC: 9.3%, terminal growth: 4%), 51% upside. Post multiple accidents, the Jessica Pratiwi Government has raised the price floor for commercial airfare to 35% of the +6221 5093 9845 price ceiling, and mandated regular maintenance, which should benefit GMFI, [email protected] GIAA’s subsidiary. A higher ASP and fuel management through capacity adjustments have resulted in much higher profitability – 7M19 NPAT reached management’s FY target. It is trading at an attractive 8.1x 2020F P/E. Michael W Setjoadi Variable price floor to preserve profitable margins. The higher ticket price +6221 5093 9844 floor regulation has increased the industry’s profitability, including Garuda [email protected] Indonesia’s low-cost carrier (LCC) – Citilink from a USD11.7m loss in 1H18 to USD27.7m profit in 1H19 (contributing to 49% of 1H19 total EBIT). Regulators will review the price floor every three months, or whenever there is a spike in Marco Antonius production cost of >10%. We believe this is more proactive than the previous +6221 5093 9849 regulation that reviewed the price floor on an annual basis. [email protected] Rising passenger yield on price competition. Following the higher price Share Performance (%) floor, GIAA has adjusted its prices by +25% for Garuda Indonesia, and +40% for Citilink, resulting in much higher passenger yield of US cents 10.9/km YTD 1m 3m 6m 12m (+38.9% YoY) and US cents 7.98/km (+57% YoY) as at 8M19.