Saturday, November 26, 2011

GARUDA INDONESIA target in 2015

Garuda Indonesia is targeting 35.2 million passengers in 2015.

Emirsyah Satar, president director of PT Garuda Indonesia, said that Indonesia's economy is getting better so that the target would be overtaken. "Target will also need the support infrastructure, such as access to the airport by road and train," he said.

Meanwhile, Garuda Indonesia passenger target this year reached as many as 17 million passengers. Target passengers as much as it is included with the passengers from Citilink.

In order for an aircraft passenger comfort stay awake, PT Angkasa Pura II is currently reviewing the development of Soekarno Hatta airport. "There are land acquisition to expand the Soekarno Hatta Airport," said Tri Sunoko President Director of PT Angkasa Pura II.

Land acquisition is estimated according to the Tri require a land area of ​​830 ha. and expected to require an investment cost of IDR 6-7 trillion. This land acquisition for airport expansion is predicted to be completed in 2014.

Meanwhile, now there are several parties interested in being an investor. "Among these are Airport GMR,GVK Group, Incheon International Airport," said Tri. [Garuda Indonesia target in 2015]

picture: google.com

Saturday, November 19, 2011

LION AIR to buy 230 Boeing aircraft worth US$ 21.7 billion

lion_air_buy_purchased_230_aircraft_boeing

Lion Air has signed a purchase of 230 new types of aircraft made ​​by Boeing Co.. Purchase of 737 aircraft jetliner amounted to U.S. $ 21.7 billion is the biggest deal for Boeing.

Purchase agreement will be signed on Friday (18 / 1). U.S. President Barack Obama is following the ASEAN Summit to witness the signing of the sale and purchase contract.

In this sale, Lion Air will buy 201 737 MAX aircraft with engine has been upgraded. In addition, the Indonesia national airline will also buy 29 737-900s air craft types.

Lion Air President Director Rusdi Kirana said the new aircraft that have advanced technology and highly efficient Lion Air will help develop low-cost carrier. "The addition of these aircraft will also add new routes," he said, Friday (18/11).

RBC Capital Markets analyst Rob Stallard said, the purchase of plane by Lion Air made as an big deal for Boeing. "It means a lot to improve security to Boeing and MAX," he said.

picture: google.com

Friday, November 18, 2011

AirAsia will move its regional office to Jakarta

airasia_office_move_to_jakarta

Low-cost carrier, AirAsia has said it will focus work on the ASEAN market. Unmitigated AirAsia will move its regional office to Jakarta next year.

"We want to be the ASEAN airline. We probably bring most ASEAN passengers than other airlines, "said CEO of Air Asia, Tony Frenandes at the ASEAN Business and Investment Summit in Bali International Convention Center, Nusa Dua, on Thursday (17/11).

AirAsia's regional offices will move from Kuala Lumpur to Jakarta. The launch of the new office itself will take place in January 2012. Tony said AirAsia moved into offices in Jakarta because the office was located ASEAN secretariat in Jakarta. "We want to show that we are no longer a carrier of Malaysia, Thailand, or Indonesia. But we are an ASEAN airline, "he said.

In addition to moving his office, AirAsia will add approximately 100 of the aircraft next year. These planes will serve particular routes in ASEAN. "The problem is, every airline is now looking for the plane. It is a nice problem, "he said. Tony adds, AirAsia is targeting growth of its business was not too affected by floods in Thailand. The company is still optimistic that could grow 20% this year.

Regarding the ASEAN open sky policy, Tony said he really supported it and did not see the risk of Indonesian airlines will lose the market. "Let us be more confident. What is good for the people of Indonesia? I think AirAsia has been quite beneficial to many people of Indonesia, business, hotels, labor, and the pilot is growing. We must think big, think ASEAN, if not we will be beaten by China and India," he said.

picture: google.com

Saturday, November 12, 2011

CITILINK new flight routes: Surabaya to DENPASAR

citilink_airline_new_flight_route

Citilink, a strategic business unit of Garuda Indonesia Tbk opened new flight routes, ie from Surabaya to Denpasar and vice versa, yesterday. The opening of this route has been carried out following the arrival of two Airbus A320 aircraft.

"Bali is a very popular destination for prospective passengers in Surabaya and East Java," said Elisa Lumbantoruan, Chief Financial Officer Garuda Indonesia and Vice President of Citilink.

According to the plan, CITILINK will serve the Surabaya - Denpasar route twice daily, ie at 09:00 and 17:20 AM. While the flight from Denpasar to Surabaya at 11:20 AM and 19:40 AM.

During this time, Citilink serves Jakarta - Denpasar route, but do not have a route Denpasar - Surabaya. To inaugurate the opening of the new route, Citilink provides efficient promo fare of IDR 79,000 only.

With the arrival of two planes of Airbus A320, said Elisa, Citilink will also continue to expand its service network and increase flight frequency. During this time, Citilink provides low cost carrier. Citilink flights routes include the Jakarta - Medan, Jakarta - Denpasar and Surabaya - Batam, to Banjarmasin, Balikpapan and Ujungpandang.

Citilink as the Garuda Indonesia business unit that specializes in serving these low-cost flights from next year will be separated from Garuda Indonesia. The company will receive an initial capital injection of USD 100 billion to spin off that will be done in the first quarter or later than the second quarter of 2012.

Today, Citilink is in the process of taking care of Airline Operating License. The company also must operate a minimum of 10 units of aircraft as a stand-alone airline.

picture: google.com

Wednesday, November 9, 2011

NYK suffers US$150 million first half LOSS, expects losses to widen

nyk_line_first_half_year_loss

NYK LINE, Japan's second largest container carrier, has followed MOL and "K" Line in posting half year losses - in its case, a US$150.3 million loss with an estimate of full-year decline of $225 million.

From April to September, NYK’s revenues shrank 9.8 per cent to $11.35 billion while costs rose 0.4 per cent. Operating losses totalled $120.4 million against an operating profit of $961 million in the same period last year.

The carrier's container business posted a loss of $86 million, compared with an operating profit of $213 million a year earlier. Liner revenue was down 12.1 per cent to $1.4 billion.

North American and European trades suffered from declining rates due to overcapacity, said NYK. South American trades had a good supply-demand balance in the past six months, but rates were weak.

For the full fiscal year ending March 30, 2012, NYK lowered its group-wide revenue forecast 5.5 per cent to $22.7 billion, expecting an operating loss of $131 million and a $280 million loss on recurring operations.

The world's 11th biggest carriers said running in the red was due to strong yen and weak global economy with "tepid" container volume, overcapacity and falling rates. The operating environment has been very harsh over the past six months and is expected to be difficult next year.

NYK projects the yen will stay strong against the dollar and the bunker prices will remain high. A strong yen impairs the performance of Japanese carriers because revenues are mainly in US dollars while most of their expenses are in yen.

Also, the recent flooding in Thailand will have negative impact on its car carrier volumes, said NYK, but its dry bulk section is promising, while the tanker division is suffering from a supply-demand imbalance due to the deployment of new vessels.

picture: google.com / source: shippinggazette

Tuesday, November 8, 2011

Airline Operating License for a NEW airline, PT Pacific Royale Airways

pacific_royale_airways

Business aviation in Indonesia will be more crowded. Ministry of Transportation has issued the Airline Operating License for a new airline, PT Pacific Royale Airways.

Bambang S. Ervan, Head of Public Relations Ministry of Transportation explained, after obtaining the Airline Operating License (SIUAU/NB-025), the airlines owned by businessman Gunawan Goenarni still have to take care of Air Operator Certificate (AOC). Bambang said, Ministry of Transportation is giving a year to Pacific Royale for the care of the AOA certificate. "After that, they can fly," said Bambang.

Referring to data from the Ministry of Transportation, each year, the number of airline passengers increased by approximately 10% to 15%. As an illustration, in 2009, the total number of passenger in Indonesia reached 48.8 million passengers, while in 2010 rose to 16% reaching 58.3 million passengers. Ministry of Transportation count, number of passengers this year will reach 64.5 million, up 9% from last year. While in the next three years, in 2014, airline passengers will jump up to reach 98.1 million passengers.

Refers to data growth, apparently, business aviation, particularly the scheduled flights are currently only served by 18 airlines still continue to attract.

Samudera Sukardi, Project Director of Royale Pacific Airways explains, his company was ready to meet government requirements, namely to operate a minimum of 10 aircrafts and will serve domestic and international routes.

Pacific Royale plans to go into full service. The move will certainly make a market in full service airlines are currently only served by PT Garuda Indonesia Tbk will be getting tougher. Reason, the full service airline market share only 20% of total passengers. And in the near future, PT Lion Air through its subsidiary company, PT Space Aviation and PT Sriwijaya Air Service will also be entered in this premium service airline.

Pujobroto, VP of Corporate Communications, Garuda Indonesia confirms it is ready to compete with new competitors, Pacific Royale Airways. According Pujo, the potential for air passengers in Indonesia is still very open big. "At this time of the 230 million Indonesian population, only 20 million who use air transportation," he said. Similar statements are also presented Edward Sirait, Director of Lion Air. "The demand will continue to rise," said Edward.

picture: google.com

Monday, November 7, 2011

NOL posts quarterly US$91 million LOSS with full-year decline expected

neptune_orient_lines_nol_net_loss

SINGAPORE's Neptune Orient Lines (NOL) has announced a net loss of US$91 million for the third quarter compared to a profit of US$282 million in the same period last year.

The group said its APL Logistics business reported higher revenue and a nine per cent year to date gain in operating profit, but container shipping dragged down overall results.

"The liner shipping industry is faced with slowing trade demand, excess capacity and fuel costs that are significantly higher than a year ago," said CEO Ng Yat Chung. "Our urgent priority is to drive down costs and increase efficiency."

NOL reported third quarter revenue of US$2.2 billion, down nine per cent from a year ago. It announced an operating profit loss for the period of US$72 million. In the first nine months, NOL's net loss stood at US$158 million.

APL, the liner shipping business of NOL, reported increased volume of seven per cent in the third quarter of 2011. Revenue declined 12 per cent and the business announced a Core EBIT loss of US$88 million. Revenue per FEU was 19 per cent lower in the third quarter of 2011 compared to the same period in 2010. Fuel prices increased 45 per cent in the third quarter from the same period a year ago.

"Higher volume was offset by increased fuel cost and lower freight rates," said APL president Kenneth Glenn. "In this environment, we must continue to concentrate on operational efficiency and managing costs down."

APL Logistics, NOL's supply chain management business, reported third quarter revenue of US$333 million, up 10 per cent from a year ago. Third quarter operating profit stood at US$16 million, down 11 per cent from a year ago. In the first nine months, APL Logistics has reported revenue of US$1 billion, up 15 per cent from 2010.

"We achieved our highest average weekly revenue ever during the third quarter and we continue to invest for growth," said APL Logistics president Jim McAdam. "But at the same time, we are actively managing costs as a reflection of uncertain economic conditions."

The group said that global economic conditions have not improved and with continued low freight rates in container shipping and slowing trade demand, it expects to report a loss for the full year in 2011.

picture: google.com / source: shippinggazette

Saturday, November 5, 2011

Indonesia's COFFEE exports in September 2011 fell 35%

indonesia_coffee_export_bean

Indonesia coffee export performance worse off. International Coffee Organization (ICO) noted, Indonesia's coffee exports in September 2011 just as much as 225 000 sacks or 13,500 tones. This figure is down 35.71% from August 2011 of 350,000 bags or 21,000 tones.

Sabam Malau, Chairman of North Sumatra Coffee Forum (NSCF), said the decline in the volume of coffee exports was due to several things. First, the coffee exporters tend to hold the sale because of waiting for high prices. Second, high production costs make coffee exporters prefer to sell to the domestic market.

Third, winches fruit pest of coffee (PBKo) that attack the coffee beans to make the production go down. "It also affected the economic turmoil that hit the United States and Europe," said Sabam.

The volume of coffee exports in September this year too muddy when compared to the volume of export in September last year. Citing the ICO data, September 2010, the volume of Indonesia's export 650,000 bags (39,000 tons) or exceed 65.38%, compared to September.

In addition to falling export volumes, coffee prices plummeted participate in the international market. Average daily price of robusta coffee in September is U.S. $ 2.13 cents per pound. As for October, down to U.S. $ 1.93 cents per pound. Sadarsah, exporters of coffee from Sumatra, said the decline in export volumes of coffee because the coffee crisis happened because virtually the entire world that its impact is still felt to this day.

While world coffee prices declined, but Sabam said the price of coffee beans in the local market tends to increase. Sabam pointed out, during the last 2 weeks the price of grain coffee beans from IDR 20,000 per kg – IDR 21,000 per kg, raise to IDR 26,000 per kg – IDR 27,000 per kg. As for the price of coffee beans already shelled condition, which was IDR 50,000 per kg become IDR 64,000 per kg – IDR 65,000 per kg. "I also wonder why this could happen," said Sabam.

Trend of rising prices of coffee beans at the farm level because coffee exporters make purchases that are higher than the standard price. "If the first exporters profited $ 20,000, now they are for-to the farmers," said Sabam.

picture: google.com

Thursday, November 3, 2011

On Time Performance of domestic airlines improved

garuda_indonesai_highest_on_time_performance

The results of performance evaluation of six airlines in On Time Performance (OTP) during January to June 2011 improved from the Ministry of Transportation mentions nothing of the carriers with the OTP into the red category.

Ministry of Civil Air Transport airline grouping On Time Performance level below 70% into the red category, airlines OTP rate between 70% to 80% into the yellow category, and is already above 80% or as high as 90% into the green category.

Garuda Indonesia managed to have the highest On Time Performance compared with the five-Commerce Business Entity scheduled air transportation that is 86.22%.

Meanwhile Lion Air occupies the lowest position in the OTP. However, based on these data, Lion Air's performance is getting better with OTP rate of 70.16%. Earlier in the year 2010 amounted to 66.60%.

Bambang S Ervan, Head of Public Communication Center for Communication Ministry, said the OTP had been a 70% upward indicate if management and the various obstacles in the company was started solved. "Accuracy increases and schedule it's meant to reduce delay," said Bambang.

The airline is still below the 70% rate will be given guidance and sanctions if necessary. Most of the flight delay was caused by operational factors. Among others, waiting for the aircraft parking space available, refueling and waiting for the flight document creation.

According to Edward Sirait, general director of Lion Air, it continues to make improvements to increase the On Time Performance program to restructure passenger service time on the ground (ground time) and the addition of backup aircraft.

Elly Simanjuntak, PR Manager of Batavia Air, said there were other factors that influence the OTP, such as weather or delays caused by the airport. Until June 2011, Batavia Air OTP managed to obtain figures of 70.53%. Batavia Air also made various efforts to raise the On Time Performance. For example, who continue to do until now is a flight rescheduling by reducing the flight time slots that are too dense.

picture: google.com

Tuesday, November 1, 2011

MOL suffers US$214.7 million half-year LOSS as sales FALL 11.9pc

mitsui_osk_lines_mol_containership_profit_loss

JAPAN's biggest container carrier, Mitsui OSK Lines (MOL), has posted a JPY4.82 billion (US$214.7 million) loss in the six months ending September 30 following a 11.9 per cent decline in revenue to JPY$717.3 trillion against a JPY48.2 billion profit loss suffered the year before.

"While the economies of the developed countries weakened, high growth continued in the emerging economies despite there being a slowing of growth stemming from monetary tightening amid concerns of inflation," said the MOL statement accompanying the results.

"In the US, personal consumption remained stagnant against the backdrop of the ongoing unemployment rate, the housing market remaining a rock bottom and soaring natural resources and energy prices.

"In Europe, the economy was weakened by insecurity of the financial system and austere fiscal policy in each country caused by sovereign risk. Exports also dropped, which resulted in low growth

"In China, although the rate for growth faltered as a result of monetary tightening measures to curb inflation, firm economic expansion continued.

"As for containerships, freight rates fell for the east west trade route because of lower than expected cargo trade and fuel costs increased as a result of rising bunker prices which put enormous pressure on the bottom line," MOL said.

"As a result, business performance over the first six months deteriorated considerably compared with the same period of the previous fiscal year and a loss was recorded.

"Regarding containerships, freight rates dropped as demand weakened amid lower than expected cargo trade in the east west trade route, and fuel costs increase due to rising bunker prices. [MOL suffers US$214.7 million half-year loss as sales fall 11.9pc]

source: Shippingazette.com / picture: google.com