Add Aircraft to Domestic Focus

Jakarta –

Garuda Indonesia’s Debt Payment Obligation Suspension Process (PKPU) is almost complete. Finally, the proposal for the settlement of Garuda Indonesia’s debt was successfully approved by the majority of creditors through a voting process.

Garuda is just waiting for a court decision regarding its homologation status tomorrow, Monday 20 June 2022. Garuda Indonesia President Director Irfan Setiaputra conveyed that Garuda has prepared a series of business development plans after completing the PKPU procession.

One of them is to increase the number of active aircraft fleets. Irfan said that so far many Garuda planes were unable to provide services. Now with the completion of the PKPU process, the planes are planned to be reactivated, in total Garuda plans to fly a fleet of 70 aircraft in the near future.

“We can speed up unserviceable aircraft or fly them to serve the public’s needs. Approximately 70 total aircraft, but we need time to make the aircraft serviceable,” Irfan said in a press conference at his office, Kebon Sirih, Central Jakarta, written on Sunday ( 19/6/2022).

Irfan said Garuda would focus on generating profits by focusing on opening domestic routes. His party stated that they would be more selective in choosing flight routes that would be profitable for the company.

Strict route selection will also be carried out for international routes. Garuda will not open many international routes from now on if it is not really profitable.

“Our business plan will generate profits by focusing on domestic, flying on profitable routes. We will continue to serve international routes, Umrah, Hajj, and focus on cargo. For international routes we will only fly profitable ones,” said Irfan.

He explained that his party will try as hard as possible to make Garuda a profitable airline, not just an airline that can fly anywhere and has various types of aircraft.

“We want to make sure in the future this (company) generates profits. We no longer fly everywhere, no longer have various aircraft, but a company that is proud and consistently provides profits,” said Irfan.

For information, in the PKPU voting process conducted last Friday, June 17, 95% of Garuda’s creditors representing 97% of verified debt approved the debt settlement proposal.

So far, Garuda’s total debt recorded and acknowledged by the PKPU Management Team has reached Rp. 142 trillion. Reporting from the Garuda PKPU page, this amount was taken from the list of fixed receivables (DPT) uploaded on the website as of June 14, 2022.

This amount represents the total DPT of lessor companies of Rp 104.37 trillion, non-lessor companies’ DPT of Rp 34.09 trillion, and preferred DPT of Rp 3.95 trillion.

It is noted that in the document there are 501 creditors registered and verified in the Garuda PKPU process. The majority of existing creditors are lessor companies with 355 parties, then non-lessor companies with 123 parties, and preferred creditors with 23 parties.

(hal/dna)

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