Skip to main content

RI Told to Develop Aviation Master Plan


From The Jakarta Post
March 12, 2015

 Indonesian stakeholders has called by The International Air Transport Association (IATA) to participate in the development of an aviation master plan based on global standards to ensure that the country is served by an aviation industry performing at its best.

“Indonesia’s aviation potential is huge. By 2034, it is expected to be the sixth-largest market for air travel. By then, some 270 million passengers are projected to fly to, from and within the country. That’s three times the size of today’s market,” IATA director general and CEO Tony Tyler said in Jakarta on Thursday.

The IATA has identified three top priorities, namely safety, capacity and regulation, that need to be improved in order to enhance the country’s aviation sector. Indonesia was assessed as below the global average in the International Civil Aviation Organization’s (ICAO) Universal Safety Oversight Audit Program (USOAP),

Tyler added that the IATA was investing resources to improve safety in Indonesia, most recently cohosting a quality workshop held in Jakarta last week, supported by flag carrier Garuda Indonesia, the only Indonesian airline allowed to fly to Europe at the moment.

For detailed story, visit here

The International Air Transport Association (IATA) has called on Indonesian stakeholders to participate in the development of an aviation master plan based on global standards to ensure that the country is served by an aviation industry performing at its best.
“Indonesia’s aviation potential is huge. By 2034, it is expected to be the sixth-largest market for air travel. By then, some 270 million passengers are projected to fly to, from and within the country. That’s three times the size of today’s market,” IATA director general and CEO Tony Tyler said in Jakarta on Thursday.
“There is a big role for collective leadership among industry partners, including the government, to make the aviation sector flourish. Indonesia needs an aviation master plan based on global standards and developed in partnership with aviation stakeholders including the government.”
The IATA has identified three top priorities, namely safety, capacity and regulation, that need to be improved in order to enhance the country’s aviation sector.
Tyler said that safety remained aviation’s top priority and the biggest concern for the successful development of aviation in the archipelago given the fact that Indonesia has had at least one hull loss annually since 2010.
In the International Civil Aviation Organization’s (ICAO) Universal Safety Oversight Audit Program (USOAP), Indonesia was assessed as below the global average.
The US Federation Aviation Administration (FAA) has also downgraded Indonesia to Category 2 in its International Aviation Safety Assessment program.
Tyler added that the IATA was investing resources to improve safety in Indonesia, most recently cohosting a quality workshop held in Jakarta last week, supported by flag carrier Garuda Indonesia, the only Indonesian airline allowed to fly to Europe at the moment.
Regarding infrastructure, he said Indonesia’s airports were in urgent need of additional capacity.
“But the capacity problem in Jakarta is nowhere near being solved even with the terminal upgrades. Indonesia needs a hub. The most efficient solution is to maximize the potential of one airport, Soekarno-Hatta [International Airport], where significant investment has already been made,” he continued.
- See more at: http://www.thejakartapost.com/news/2015/03/12/ri-told-develop-aviation-master-plan.html#sthash.XYdBpKmU.dpuf

Comments

Popular posts from this blog

Goverment to Build New Port in Subang or Indramayu

From The Jakarta Post
April 2, 2015

The government has changed its plan to build a new port in Cilamaya and is seeking a better location in Subang or Indramayu, West Java.

Vice President Jusuf Kalla said the government needed to build a new port but it would not be in Cilamaya.

The Vice President, who visited Cilamaya with several ministers, including Coordinating Maritime Affairs Minister Indroyono Susilo and Transportation Minister Ignasius Jonan on Thursday, said the new port would be built east of Cilamaya, either in Subang or Indramayu.

Kalla said the main reason to move the new port’s location to another regency was because waters in the area were already crowded by offshore mining activities and oil tankers transporting crude oil to Jakarta and other cities.

The government has allocated Rp 34.5 trillion (US$2.6 billion) to construct a new port, as Tanjung Priok Port is deemed too crowded.

For detailed story, visit here
The government has changed its plan to build a new port in Ci…

POSCO to lift Indonesia investment to $11 billion over next 5 years: Jakarta

From Reuters
Oct 19, 2012


South Korean steelmaker POSCO will almost double its investment in Indonesia to $11 billion over the next five years, from $6 billion currently, Chief Economics Minister Hatta Rajasa said on Friday.
The world's fourth-biggest steelmaker, already has a multi-billion dollar joint venture with Indonesian state-owned PT Krakatau Steel, the country's biggest steel producer.
Earlier this year, the South Korean firm's affiliate POSCO Engineering & Construction, formed a consortium to build two 300-megawatt power plants on Indonesia's Sumatra island, worth around $1 billion.
A POSCO spokesman in Seoul said the South Korean firm has yet to make detailed investment commitments in Indonesia, and noted other partners would jointly invest in any projects.
Foreign direct investment in Indonesia stayed strong in the second quarter, showing the G20 member remained a magnet in a troubled global economy and that changes in mining ownership rules are not cutting i…

March Inflation Limits Bank Indonesia’s Room to Cut Interest Rates

From The Jakarta Globe
April 1, 2015

Inflation increased slightly in March, data from the Central Statistics Agency, or BPS, showed on Wednesday, as prices were pushed up by higher prices for fuel and rice and continued weakening of the rupiah.

Analysts said stronger inflation would limit Indonesia’s central bank’s ability to further reduce its key interest rate. The BPS announced March’s headline inflation rate was 6.38 percent, compared with 6.29 percent a month earlier.

“This is broadly in line with our forecast and the consensus median,” said Dian Ayu Yustina, a Jakarta-based economist with Bank Danamon Indonesia.

The administration of President Joko Widodo has reformed the fuel price policy to a regulated price that can fluctuate according to the global oil price and the exchange rate.
Looking forward to the rest of the year, analysts Wai Ho Leong and Angela Hsieh from Barclays said the path of inflation was still benign.

They projected inflation to average 6.5 percent …