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Garuda, Singapore Airlines explore joint venture on Bali, Jakarta flights
Garuda Indonesia and Singapore Airlines are exploring a joint venture to enhance flights between the city-state and Jakarta, Bali and Surabaya.
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A Garuda Indonesia airplane is parked at Soekarno-Hatta International Airport in Tangerang, Banten, on May 14, 2022. (AFP/Chaideer Mahyuddin)
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ational flag carrier Garuda Indonesia and Singapore Airlines are exploring a joint venture opportunity to serve flights between the city-state and three major routes in Indonesia, namely Jakarta, Denpasar in Bali and Surabaya in East Java.
Garuda in a statement said both had worked together on similar commitments back in November 2021, when Garuda served Singapore Airlines passengers flying to Jakarta, Denpasar and Surabaya, while the latter served Garuda’s passengers flying to London.
Garuda said both airlines agreed to expand the aviation network between Singapore and Indonesia by including more flight alternatives and competitive pricing for the two airlines' customers.
“This joint venture will set a base for future cooperation that provides more value than just a flying experience for both airlines' customers from around the world,” Irfan Setiaputra, president director of Garuda Indonesia said in a statement on Monday.
Garuda Indonesia, including Citilink, held nearly a third of the country’s domestic air travel, according to the Transportation Ministry.
Garuda is currently embarking on its renewed business plan after securing creditors’ approval for a restructuring proposal and postponing some of its liabilities from June last year in order to save the debt-laden airline from bankruptcy.
Read also: Garuda Indonesia seeks new investors after escaping bankruptcy
