SINGAPORE – Singapore Airlines and flag carrier Garuda Indonesia signed an agreement on May 20 to explore revenue-sharing arrangements for flights between Indonesia and Singapore, and to partner on their frequent flier programmes.
The two airlines have also entered into a revenue-sharing agreement, which will support joint capacity growth when implemented. The airlines said this marks a “significant step” towards plans for a proposed commercial joint venture arrangement that covers Garuda and SIA flights between Singapore and Indonesia.
Subject to regulatory approvals, the proposed joint venture would cover routes between Singapore and Denpasar, Jakarta, and Surabaya, the airlines previously said.
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