Garuda Indonesia plans to sell a 40 percent stake in its subsidiary, Citilink Indonesia. Director of Garuda Indonesia Satar said that the stake sale process continues to run despite the retreat of a pre-determined schedule. "Citilink continues the process path. Target is actually the end of June, but the target seems a bit delayed, "he said.
Satar said Garuda Indonesia Citilink shareholders 100 percent currently would not be in a hurry to sell the shares of its subsidiary. According to him, Garuda Indonesia must be selective in choosing prospective buyers Citilink. "For us, we did not want to press soon to be sold. Because after all we should see an added value, "said Satar.
However, until now silent Satar still associated with the resources to buy a 40 percent stake Citilink. He just gave the information that the two potential investors are foreign airlines. "Investors still remain two, but we have not been able to determine, essentially both foreign airlines," he concluded.
In a share sale this Citilink, Garuda Indonesia has appointed Standard Chartered Securities as a financial advisor. Citilink stake sale to a strategic investor is expected to strengthen the business capable of growing in the Citilink and competitive low-cost airlines.
Kamis, 26 Juni 2014
Susi Air Indonesia Want to Serve Entire Region
One of the greatest pioneering airline in Indonesia, Susi Air, continues to expand its business by opening new routes and increase the fleet. Even the airline led by Susi's dreams of Pudjiastuti serve all regions of Indonesia from the west end to the east end.
President Pudjiastuti Susi Susi Air said that the company now has flights to 200 airports in Indonesia, and this number will continue to grow. "Sumatra only the remaining 15 percent of the airports that we have not terbangi. If Java is still a lot, because we had to fly to Cilacap, Pangandaran, Bandung, and Semarang. Keep on Borneo had 50 per cent, 50 per cent of Papua, East Nusa Tenggara Kupang new. The potential is huge, "said Susi, quoted from detikFinance.
To support the plan, Susi Air will bring a small plane about five to 10 aircraft per year, with the biggest plane has a capacity of 20 seats. However, to realize the dream of serving the whole of Indonesia's Susi Air takes a long time. "Maybe 10 years from now. Indonesian enormous, "said Susie.
President Pudjiastuti Susi Susi Air said that the company now has flights to 200 airports in Indonesia, and this number will continue to grow. "Sumatra only the remaining 15 percent of the airports that we have not terbangi. If Java is still a lot, because we had to fly to Cilacap, Pangandaran, Bandung, and Semarang. Keep on Borneo had 50 per cent, 50 per cent of Papua, East Nusa Tenggara Kupang new. The potential is huge, "said Susi, quoted from detikFinance.
To support the plan, Susi Air will bring a small plane about five to 10 aircraft per year, with the biggest plane has a capacity of 20 seats. However, to realize the dream of serving the whole of Indonesia's Susi Air takes a long time. "Maybe 10 years from now. Indonesian enormous, "said Susie.
Malindo Air will fly to Krabi Starting September
Malindo Air, a subsidiary of Lion Air is the airline's first hybrid in Malaysia, announced it will serve direct flights to Krabi, Thailand, starting in mid-September this year. Flights to Krabi will operate from Subang and Penang as well.
In a statement, Air Malindo said that Krabi will be the first international destination served from Penang and will be the second international destinations are operated from Subang. Previously the airline had been flying from Subang to Batam in Riau Islands, Indonesia. "We plan to add more destinations in the coming months and as soon as the new aircraft coming," said Chief Executive Officer Rama Chandran Water Malindo Muthy.
To attract passengers, Malindo Water supply promo price ranging from RM 149 to the Penang-Krabi flights and RM 179 for the Subang-Krabi flights each way. The fare includes airport tax, baggage free, and snacks. In this service Malindo Air will operate the ATR 72-600 aircraft with a capacity of 72 seats in economy class.
In a statement, Air Malindo said that Krabi will be the first international destination served from Penang and will be the second international destinations are operated from Subang. Previously the airline had been flying from Subang to Batam in Riau Islands, Indonesia. "We plan to add more destinations in the coming months and as soon as the new aircraft coming," said Chief Executive Officer Rama Chandran Water Malindo Muthy.
To attract passengers, Malindo Water supply promo price ranging from RM 149 to the Penang-Krabi flights and RM 179 for the Subang-Krabi flights each way. The fare includes airport tax, baggage free, and snacks. In this service Malindo Air will operate the ATR 72-600 aircraft with a capacity of 72 seats in economy class.
Starting in 2017, Changi Airport Could Contain Additional 16 Million Passengers
In line with the completion of the fourth terminal, starting 2017, Changi airport certainly able to accommodate an additional 16 million passengers. This was revealed by the Assistant Vice President of Corporate & Marketing Communication, Changi Airport Group Robin Goh.
It is said, occupied the fourth terminal facilities budget terminal (BT), which was previously used for passenger low cost carrier (LCC). "Since September 2012 BT restored and developed into a new fourth terminal and bigger," he said as reported by Bisnis.com.
Robin mentions, for terminal size version of the world's fourth best airport by Skytrax it is five times larger than BT with 195,000 square meters, in which the facility is built remains with the concept of self-service as well as other airports in the world.
"Kiosks for self check-in, bag-tagging, and bag-drops more to accelerate mobility. The fourth terminal will increase passenger capacity of Changi Airport to 82 million passengers per year began in 2017, "said Robin.
It is said, occupied the fourth terminal facilities budget terminal (BT), which was previously used for passenger low cost carrier (LCC). "Since September 2012 BT restored and developed into a new fourth terminal and bigger," he said as reported by Bisnis.com.
Robin mentions, for terminal size version of the world's fourth best airport by Skytrax it is five times larger than BT with 195,000 square meters, in which the facility is built remains with the concept of self-service as well as other airports in the world.
"Kiosks for self check-in, bag-tagging, and bag-drops more to accelerate mobility. The fourth terminal will increase passenger capacity of Changi Airport to 82 million passengers per year began in 2017, "said Robin.
Alitalia Agree 49 Percent of Shares Purchased Etihad Airways
A total of 49 per cent stake in the airline from Italy which nearly collapsed, Alitalia finally agreed to buy state-owned airline of Abu Dhabi, Etihad Airways.
Documents released Wednesday (25/6) reveals, Etihad and Alitalia is said that they will hold negotiations two weeks ago and will complete the final phase of the transaction documents. However, financial details and the value of the investment was not contained therein.
Italian Transport Minister, Maurizio Lupi said, Etihad has set up about 1.25 billion euros or U.S. $ 1.7 billion for a period of 4 years. As is known, after not making a profit at all for years, Alitalia to cut thousands of jobs.
These are not able to compete with other airlines in the country that offer cheaper rates. Later, the airline's growth will be stimulated by the investment Etihad.
Currently, Director Eksekutir Etihad, James Hogan is developing its mission to build a network of flights to several countries in the world, for the sake of open traffic lane more to Abu Dhabi.
Alitalia become one of the largest investments made Hogan. 49% of the value of shares will pave the way for the airline to manage the management and strategy. Previously, Etihad plays a major role in the financial rescue of Air Berlin Plc, after the airline had a deficit for years.
According to the Etihad, built cooperation has opened up a wider network, until now around 400 destinations. Hogan wants to target the economic center in the heart of Europe, through the management of Alitalia.
Documents released Wednesday (25/6) reveals, Etihad and Alitalia is said that they will hold negotiations two weeks ago and will complete the final phase of the transaction documents. However, financial details and the value of the investment was not contained therein.
Italian Transport Minister, Maurizio Lupi said, Etihad has set up about 1.25 billion euros or U.S. $ 1.7 billion for a period of 4 years. As is known, after not making a profit at all for years, Alitalia to cut thousands of jobs.
These are not able to compete with other airlines in the country that offer cheaper rates. Later, the airline's growth will be stimulated by the investment Etihad.
Currently, Director Eksekutir Etihad, James Hogan is developing its mission to build a network of flights to several countries in the world, for the sake of open traffic lane more to Abu Dhabi.
Alitalia become one of the largest investments made Hogan. 49% of the value of shares will pave the way for the airline to manage the management and strategy. Previously, Etihad plays a major role in the financial rescue of Air Berlin Plc, after the airline had a deficit for years.
According to the Etihad, built cooperation has opened up a wider network, until now around 400 destinations. Hogan wants to target the economic center in the heart of Europe, through the management of Alitalia.
Rabu, 25 Juni 2014
Qatar Airways Cargo Boeing 777 Freighter Receive the Sixth
Qatar Airways Cargo, a business unit of airline Qatar Airways, said it had received a Boeing 777 Freighter is the sixth. "Delivery of Boeing 777 Freighter is the sixth we are proud moment for Qatar Airways Cargo," said Qatar Airways Chief Executive Officer Akbar Al Baker.
"It's a great time to introduce additional new Boeing 777 Freighter into our fleet. Developing countries with phenomenal Qatar as part of the Gulf region, and we benefit from this growth, "said Al Baker.
Qatar Airways Cargo has recently launched cargo service flights to Zaragoza, Hyderabad, London Stansted, Mexico, and New Delhi. "As a provider of air cargo services with world-class international achievements, it becomes imperative that we continue to expand our capacity and number of destinations," said Qatar Airways Chief Cargo Officer Ulrich Ogiermann.
"It's a great time to introduce additional new Boeing 777 Freighter into our fleet. Developing countries with phenomenal Qatar as part of the Gulf region, and we benefit from this growth, "said Al Baker.
Qatar Airways Cargo has recently launched cargo service flights to Zaragoza, Hyderabad, London Stansted, Mexico, and New Delhi. "As a provider of air cargo services with world-class international achievements, it becomes imperative that we continue to expand our capacity and number of destinations," said Qatar Airways Chief Cargo Officer Ulrich Ogiermann.
Garuda Indonesia Pay off Debt of U.S. $ 62.5 million to the ECA and CL
The national airline Garuda Indonesia accelerate the repayment of debt worth U.S. $ 62.5 million to the Export Credit Agency (ECA) and the Commercial Lenders (CL).
The loan by a syndicate of more than 15 banks, including Lloyds Bank plc as agent and security trustee, BNP Paribas and Credit Agricole Corporate and Investment Bank. Repayment of the debt itself has been conducted on Monday, June 23, 2014.
With the implementation of the accelerated debt repayment, Garuda getting back guarantee in the form of cash and fund maintenance sevice worth the equivalent of 14 million U.S. dollars. Previously, the cash collateral in various forms in the lender's account.
The Company also obtains ownership of the six aircraft of type A330-300 which has been the underlying asset over the loan. With this settlement, the company is no longer bound by the covenants ECA and commercial lenders, one of which is a restriction of the company in the distribution of dividends.
The loan by a syndicate of more than 15 banks, including Lloyds Bank plc as agent and security trustee, BNP Paribas and Credit Agricole Corporate and Investment Bank. Repayment of the debt itself has been conducted on Monday, June 23, 2014.
With the implementation of the accelerated debt repayment, Garuda getting back guarantee in the form of cash and fund maintenance sevice worth the equivalent of 14 million U.S. dollars. Previously, the cash collateral in various forms in the lender's account.
The Company also obtains ownership of the six aircraft of type A330-300 which has been the underlying asset over the loan. With this settlement, the company is no longer bound by the covenants ECA and commercial lenders, one of which is a restriction of the company in the distribution of dividends.
Langganan:
Postingan (Atom)