Pelita Air to Join Garuda-Led Holding Company, Not Merge
Jakarta. Pelita Air will become part of a state-owned airline holding company led by Garuda Indonesia, rather than merge with the national flag carrier, Danantara Indonesia Chief Operating Officer Dony Oskaria said on Friday.
The clarification came a day after Danantara met with Pelita Air's management to discuss the planned consolidation of the two state-owned airlines.
Dony said the initiative is aimed at establishing a holding company for Indonesia's state-owned airlines, with Garuda Indonesia serving as the parent company, rather than combining the two carriers into a single entity.
"Garuda will become the holding company for our airlines, and Pelita Air will become part of the Garuda Indonesia Group. Through this consolidation, these companies will be better positioned to compete and expand their market share," Dony said in a statement.
As the majority shareholder of both Garuda Indonesia and Pelita Air, Danantara said it chose the holding structure to build a stronger, more efficient, and more competitive national airline group.
Beyond the corporate restructuring, Danantara plans to improve service standards across the Garuda Indonesia Group by integrating ticketing systems, upgrading airport lounges, enhancing the in-flight experience, improving cabin crew service and catering, strengthening customer loyalty programs, and investing in workforce development.
Dony said the consolidation and service improvements are intended to position the Garuda Indonesia Group as the preferred airline for Indonesian travelers while strengthening its competitiveness in the regional aviation market.
Tags: Keywords:Related Articles
Indonesia to Merge 23 Industrial Estate Firms in Sweeping SOE Overhaul
"We will also soon consolidate 16 insurance companies. We are consolidating 60 hospitals and more than 100 hotels," Dony said.Danantara Plans New Committee to Prevent Overinvestment
Danantara has floated plans to establish a committee meant to make sure that SOEs are making the right investment decision.Danantara Defends Overdue Financial Statement
Danantara says that cross-checking the figures across 1,074 companies takes time.Danantara Yet to Decide on Funding for Used Train Imports from Japan
Danantara has yet to decide whether to fund KAI’s plan to import used Japanese trains as it weighs costs, benefits and domestic capacity.Garuda’s $1.4 Billion Rescue Fails to Keep Equity in the Black
Garuda Indonesia’s equity turns negative again as surging fuel costs offset stronger revenue and a $1.4 billion capital injection.Danantara Eyes $20b in SOE Earnings by End-2026
Danantara targets Rp360 trillion in SOE profits by 2026 through consolidation and efficiency gains.Indonesia’s Sweeping SOE Overhaul Could Save Rp 70 Trillion by Year-End
Danantara expects Indonesia’s sweeping SOE restructuring to generate Rp 70 trillion in savings by the end of this year.Garuda Indonesia Offers Free Domestic Flights for International Passengers: How to Qualify
Garuda Indonesia is offering foreign tourists one free domestic flight when they buy an eligible international ticket to Indonesia.Garuda Indonesia Suspends Commercial Director Reza Aulia Hakim
Garuda Indonesia temporarily suspended Commercial Director Reza Aulia Hakim effective Aug. 14 without disclosing the reason.Garuda Boosts Fleet While Citilink Shrinks Ahead of Pelita Air Integration
Garuda adds aircraft despite weaker traffic, while Citilink cuts its fleet amid a potential Pelita Air integration.The Latest
Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know
Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief
Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.Greece Floats Shipbuilding Partnership with Indonesia
Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.Ye Concert in Jakarta to Deploy 2,000 Security Personnel
More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.Most Popular
