Indonesian regulator delves into Garuda/Sriwijaya Air understanding – ch

Garuda Indonesia Group and Lion Air Group are deliberation environment adult a maintenance, repair, and renovate (MRO) corner venture, Reuters has reported citing inner communication seen by a newswire.

The corner try would embody a dual group’s MRO businesses, namely Garuda’s GMF AeroAsia and Lion Air’s Batam Aero Technic. The companies now concentration on providing in-house services to a particular group’s airlines though are also looking to enhance their share of third-party business.

Garuda Indonesia Group now controls a dwindle conduit Garuda Indonesia (GA, Jakarta Soekarno-Hatta) and a low-cost conduit auxiliary Citilink (QG, Surabaya), and is also in a routine of presumption control of Sriwijaya Air Group tentative due industry and a compulsory regulatory approvals. Sriwijaya Group owns Sriwijaya Air (SJ, Jakarta Soekarno-Hatta) and NAM Air (IN, Jakarta Soekarno-Hatta).

In turn, Lion Air Group controls Lion Air (JT, Jakarta Soekarno-Hatta), Batik Air (ID, Jakarta Soekarno-Hatta), Wings Air (Indonesia) (IW, Jakarta Soekarno-Hatta), and Lion Bizjet (Jakarta Halim) in…

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