JAKARTA : The Indonesian government is reviewing a plan to merge state-owned airlines Garuda Indonesia and Pelita Air, a unit of energy firm Pertamina, to ensure affordable airfares, an executive said on Tuesday.
Pelita Air president director Dendy Kurniawan told Reuters that it welcomed the plan, which he said was under the review of Indonesia's state-owned enterprises ministry, adding the possible merger would"strengthen the aviation industry" and ensure affordable ticket prices. Erick said the merger will help reduce the country's logistic costs and increase the its fleet size, which he said needed 179 new planes.
Source: Energy Industry News (energyindustrynews.net)
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