Economics and Business News

 


Flight observer Marshal TNI (Ret.) Chappy Hakim stated that any airline if it took over the Garuda Indonesia route, it would benefit.


Chappy explained that this state-owned airline received route facilities from the government to connect many major cities at home and abroad, including Umrah and Hajj flights.

"Connecting Umrah and Hajj transportation, the state must control the flag carrier (national airline). If (Garuda Indonesia) is removed, it will provide sustenance to other people," he said. It's okay to benefit from the closure of Garuda Indonesia's business.

"It's okay, it doesn't matter, but Garuda's income goes to the state. It can be returned to the people," said Chappy.

Meanwhile, he cannot judge how many possibilities it is to save Garuda Indonesia's business because there are political factors. However, according to the former president director of PT Freeport Indonesia, resolving Garuda Indonesia's financial problems is not difficult.

"If the government restructures with an audit process, creating a new Garuda Indonesia, any mapping must be justified, for example, two to three types of aircraft are sufficient according to the route. The debt of Rp 70 trillion is inventoried, starting with a new Garuda because there must be money, it doesn't make sense to say this hard, do you want it or not?" he concluded. Imagine, the flight path in Indonesia as an archipelagic country is a "definite" flight path that will once again "definitely" promise big profits.

"Umrah and Hajj flight routes in Indonesia, which are predominantly Muslim, are flight routes that are not only "certain" but "mother definitely" provide great benefits, especially financially," he wrote.

Any airline, whether Garuda, Pelita, or whatever, if assigned to carry out the mandate of air transportation in Indonesia, will profit.

"Flight routes that connect major cities in Indonesia and the region, as well as several well-known cities in the world, are available state revenue-generating land," the article continued. The President Director of PT Garuda Indonesia (Persero) Tbk (GIAA) Irfan Setiaputra spoke about the news of bankruptcy options that are increasingly sticking out in various news.

This flag carrier is currently facing a trial for a lawsuit for Postponement of Debt Payment Obligations (PKPU) which could lead to bankruptcy status.

The issue of Garuda Indonesia going bankrupt is getting louder as the Ministry of State-Owned Enterprises (BUMN) opens the option to replace Garuda with Pelita Air if Garuda is officially bankrupt. This option received a response from Irfan Setiaputra. This is the view of the Ministry of SOEs as the majority shareholder of Garuda Indonesia is looking at various possibilities through a wider perspective on various options related to steps to restore Garuda Indonesia's performance, "he said in an official statement, Wednesday (20/20). /10/2021). On the other hand, Irfan also emphasized that his party is still trying to improve the company's financial performance through restructuring. We're done," he said.

"We have also intensified these efforts through various measures to support the fundamental improvement of Garuda Indonesia's performance, especially from the basis of flight operations," he continued.

According to him, the condition of the Covid-19 pandemic, which is currently under control, is a good sign to continue efforts to improve Garuda Indonesia's finances. We are optimistic that the positive signal for the national aviation industry amid a pandemic situation that is starting to be under control and the opening of Indonesia's leading tourism sector, will become an important momentum in this step. "We are currently optimizing performance improvement measures with all relevant stakeholders," he said. Previously, Garuda Indonesia VP Corporate Secretary & Investor Relations Mitra Piranti also spoke about the news of Garuda Indonesia's bankruptcy.

"We can confirm that until now, the company continues to take strategic steps to accelerate performance recovery with the main focus on improving the company's performance fundamentals," he said as quoted from the information disclosure of the Indonesia Stock Exchange (IDX) on Wednesday (20/10/2021).

Mitra said Garuda Indonesia continues to make improvements in various aspects to improve performance so that it does not fall further in the current pandemic situation.

Even so, continued Mitra, the management still sees optimism in the future because the tourism industry is starting to grow. So that the company's performance is expected to improve. He continued, apart fromIn addition, negotiations and communication with creditors are continuously carried out by the company in order to achieve the best settlement and optimal restructuring in order to improve the fundamentals of the company's performance going forward," explained Mitra.

Post a Comment

Previous Post Next Post