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Jakarta Post

Angkasa Pura II banks on hotels, noncore activities for extra revenue

The Jakarta Post Image
The Skytrain pulls out of the station at Soekarno-Hatta International Airport's Terminal 3 in Tangerang, Banten.(JP/Bangkit Jaya Putra)
Riza Roidila Mufti
PREMIUM
Jakarta   ●   Thu, July 25, 2019

State-owned airport operator PT Angkasa Pura II aims to develop its business through inorganic growth and revenue from noncore activities.

Angkasa Pura II president director Muhammad Awaluddin said it was very important for the company not to focus only on its core business -- managing airports --, where revenue growth was highly dependent on passenger numbers and service fees.

“Airport operators must be able to take advantage of the potential of every line of business, not just rely on [the core] business, which is airport management. If we only use the old way in doing business, we will not achieve accelerated growth but only natural growth,” he said during an interview with The Jakarta Post at an Angkasa Pura II office on Saturday. 

He said the company wa...

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