State transport firms' profits likely to double<\/p>\n
JAKARTA (JP): State companies overseen by the Ministry of
\nTransportation are expected to more than double their total
\nprofits to Rp 676.89 billion (US$309.6 million) this year, a
\nminister says.<\/p>\n
Minister of Transportation Haryanto Dhanutirto told reporters
\nafter meeting with President Soeharto yesterday that during the
\nfirst 10 months of this year, the companies had raked in Rp
\n433.27 billion in before-tax profits.<\/p>\n
Of the 17 state companies overseen by the Ministry of
\nTransportation, six have the highest portion of profits, while
\nrailway company PT Perumka and the Jakarta bus operator PT PPD
\nstill suffer losses.<\/p>\n
The six most profitable companies are port operator Pelindo I
\nwith profits of Rp 22.9 billion in the January-October period,
\nPelindo II with Rp 88.6 billion, Pelindo III with Rp 32.7
\nbillion, airport operator Angkasa Pura I with Rp 42.2 billion,
\nAngkasa Pura II with Rp 66.3 billion and air carrier PT Garuda
\nIndonesia with Rp 165.8 billion.<\/p>\n
\"This year's target for Garuda's profit is Rp 264 billion,\"
\nHaryanto said.<\/p>\n
Planes<\/p>\n
Haryanto also reported to President Soeharto about Garuda's
\nplan to sell 10 of its DC-9 planes operated by its subsidiary PT
\nMerpati Nusantara.<\/p>\n
\"When they are sold, Merpati will lease a number of planes,
\nincluding pilots, to replace them,\" he said.<\/p>\n
Commenting on the deals between Merpati and Lufthansa Airlines
\non the procurement of two second-handed B-737-200 planes,
\nHaryanto said the leasing deal was signed on Nov. 7, at the cost
\nof Rp 8.9 million each.<\/p>\n
Besides Merpati, local private airliners, including Bouraq and
\nMandala, are purchasing eight of the second-handed aircraft from
\nLufthansa. \"They had concluded the deal earlier.\"<\/p>\n
Haryanto yesterday also announced the opening of new
\ninternational airline routes. They are Medan (North Sumatra)-
\nLangkawi (Malaysia)-Dusseldorf (Germany) and Denpasar (Bali)-
\nColombo (Sri Lanka)-Munchen (Germany) routes.<\/p>\n
New regional routes to be opened soon are Palembang (South
\nSumatra)-Johor Baru-Kuala Lumpur (both in Malaysia), Jakarta-
\nJohor Bahru, Surabaya (East Java)-Johor Bahru and Denpasar-Johor
\nBahru, Haryanto said.<\/p>\n
He noted that three local airliners, Mandala, Merpati and
\nSempati, have proposed to his ministry to serve regional routes,
\nincluding Bandung (West Java)-Johor Bahru, Solo (Central Java)-
\nSingapore, Solo-Kuala Lumpur, Surabaya-Johor Bahru, Surabaya-
\nSingapore, Ujungpandang (South Sulawesi)-Singapore and
\nUjungpandang-Kuala Lumpur.<\/p>\n
He also noted that his ministry is considering opening new
\ninternational routes to new destination countries, such as South
\nAfrica, Argentina, Mexico, Suriname, Venezuela, Uzbekistan,
\nCroatia and Zaire. (rid)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/state-transport-firms-profits-likely-to-double-1447893297",
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