SkyTeam alliance member Garuda Indonesia GA and Star Alliance member Singapore Airlines SIA on May 29 announced plans to enter into a joint venture JV arrangement that would deepen the cooperation between the two carriers, increase passenger capacity between Singapore and Indonesia, and offer customers more travel options between the two countries. Subject to regulatory approvals, the proposed joint venture will cover routes between Singapore and Denpasar, Jakarta, and Surabaya. This will expand on the Memorandum of Understanding MoU that the two airlines signed in November 2021. It would allow Garuda Indonesia and Singapore Airlines to potentially coordinate schedules between Singapore and Indonesia, offering customers more seamless flight connectivity between the two countries and beyond. The carriers will also explore the implementation of new initiatives, including joint fare products and an alignment of corporate programmes to enhance the value proposition to customers. Garuda Indonesia and Singapore Airlines first started codesharing in 2010 on flights between Singapore and Denpasar in Indonesia. In 2014, the agreement expanded to include flights between Singapore and Surabaya, as well as on flights operated by SIA’s former regional subsidiary, SilkAir. In 2019, the two carriers expanded the codeshare agreement to include flights between Singapore and Jakarta. The partnership deepened in 2021 when both carriers signed a Memorandum of Understanding MoU that built on their longstanding warm ties, allowing both carriers to explore a wide-ranging commercial partnership that provides their customers with additional options and an enhanced travel experience. The scope of the 2021 MoU includes the potential alignment of frequent flyer programmes, joint marketing activities, and initiatives to promote inbound tourism into Indonesia, subject to regulatory approval. Both carriers are also committed to finding new growth opportunities in the air freight segment, as well as cooperation in maintenance, repair, and overhaul activities. Garuda has also expanded its codeshares with SIA, and is codesharing on SIA’s services to London, Mumbai, and Johannesburg “With the existence of more than a decade of collaboration between these two national flag carriers, this joint venture agreement, as a further milestone of the partnership expansion initiative, will certainly strengthen the commitment between the two carriers simultaneously, delivering a seamless and valuable flying experience to both our customers across the globe,” commented Irfan Setiaputra, president and chief executive officer, Garuda Indonesia. “This joint venture will be a win-win arrangement that elevates the long-standing partnership between Garuda Indonesia and Singapore Airlines. It reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, facilitating a greater level of business and people connections and promoting both countries as regional tourism destinations. Our customers will also enjoy even more benefits, including an improved level of network connectivity, enhanced travel convenience, and additional fare options,” said SIA CEO, Goh Choon Phong.
Value IDR 2 Bio: Rating: BBB+ (update 06 February 2015) Due Date: 05 July 2018: Interest Rate: 9.25%: Offering Circular: Download: Right Issue. Garuda Indonesia Travel Voucher merupakan voucher yang diterbitkan oleh Garuda Indonesia dengan nominal tertentu. Masukkan kode voucher pada halaman pembayaran di website Garuda Indonesia atau Singapore Airlines and Garuda Indonesia announced intentions to enter into a joint venture JV to deepen their cooperation on routes between Singapore and Indonesia. According to their announcement, the JV would cover routes between Singapore and three Indonesian cities, namely Denpasar, Jakarta, and Surabaya. The venture would expand on the Memorandum of Understanding MoU the two Southeast Asia-based airlines signed in November 2021. “It would allow Garuda Indonesia and Singapore Airlines to potentially coordinate schedules between Singapore and Indonesia, offering customers more seamless flight connectivity between the two countries and beyond,” was outlined in the statement. The JV could potentially expand further, covering joint fare products and an alignment of corporate programs to “enhance the value proposition to customers”. Furthermore, the MoU that Singapore Airlines and Garuda Indonesia signed in November 2021 included plans to align the two airlines’ frequent flyer programs, joint marketing activities, and initiatives to promote inbound tourism into Indonesia in the future. The pair are also looking to explore opportunities to collaborate in air cargo as well as Maintenance, Repair, and Overhaul MRO activities. The carriers’ partnership is still subject to regulatory approval. “This joint venture will be a win-win arrangement that elevates the long-standing partnership between Garuda Indonesia and Singapore Airlines,” said Goh Choon Phong, the Chief Executive Officer CEO of Singapore Airlines. “Our customers will also enjoy even more benefits, including an improved level of network connectivity, enhanced travel convenience, and additional fare options,” added Phong. Meanwhile, the President and CEO of Garuda Indonesia, Irfan Setiaputra added that with Singapore Airlines and Garuda Indonesia collaboration going back more than a decade, the JV acts as a “further milestone of the partnership expansion initiative”. “[…] will certainly strengthen the commitment between the two carriers simultaneously, delivering a seamless and valuable flying experience to both our customers across the globe,” concluded Setiaputra. Sign Up for Our Newsletters Get notified of the hottest news memberikannilai lebih sekaligus value proposition yang unik kepada para nasabah kami di Indonesia.” tutup Batara. *** Page 3 of 4 Untuk informasi lebih lengkap, silahkan menghubungi: Elvera N. Makki Garuda Indonesia merupakan anggota SkyTeam, sebuah aliansi maskapai global yang beranggotakan 20 anggota maskapai . Page 4 of 4 GALERI FOTO Garuda Indonesia and Singapore Airlines will enter into a joint venture to deepen their cooperation in increasing passenger capacity between Singapore and Indonesia. Expanding on the Memorandum of Understanding that the two airlines signed in November 2021, and subject to regulatory approvals, the proposed joint venture will cover routes between Singapore and Denpasar, Jakarta, and Surabaya. The joint venture will help strengthen tourist flows between Indonesia and Singapore In addition, both carriers will explore the implementation of new initiatives, including joint fare products and an alignment of corporate programmes to enhance the value proposition to customers. Irfan Setiaputra, president and CEO, Garuda Indonesia, commented “This joint venture agreement, as a further milestone of the partnership expansion initiative, will certainly strengthen the commitment between the two carriers simultaneously, delivering a seamless and valuable flying experience to both our customers across the globe.” He added that the collaboration will also help strengthen tourist flows between Indonesia and Singapore, making it easier for international tourists to explore South-east Asia. Singapore Airlines’ CEO, Goh Choon Phong, said “This joint venture reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, facilitating a greater level of business and people connections and promoting both countries as regional tourism destinations. Our customers will also enjoy even more benefits, including an improved level of network connectivity, enhanced travel convenience, and additional fare options.” Hargatiket garuda Indonesia airlines banyak dikomentari dengan harga yang sangat mahal. Harga tiket Garuda airlines terkesan sangat mahal jika dibandingkan dengan banyak maskapai penerbangan yang lainnya karena sebagai full service airlines menggunakan konsep value proposition sehingga penumpang harus mengeluarkan uang yang lumayan lebih untukSuntoryGaruda Beverage (SGB) is one of Indonesia’s renowned beverages companies. 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