Airports suffer losses

Airports suffer losses

JAKARTA (JP): Four airports, in Solo of Central Java, Manado of North Sulawesi, Biak of Irian Jaya and Balikpapan of East Kalimantan, suffered losses last year, president of the state- owned airport firm, PT Angkasa Pura I, Fachri Zainuddin, said yesterday.

"Although there were four airports suffering losses last year, Angkasa Pura I gained a total profit of Rp 57 billion (US$25.99 million), slightly higher than 1993's profit of Rp 53 billion," Fachri told reporters after a ground-breaking ceremony for the construction of the company's Jakarta office building.

He refused to disclose the amount of losses suffered by the four airports.

Angkasa Pura I manages nine airports, including Ngurah Rai in Bali, Hasanudin in Ujungpandang of South Sulawesi, Juanda in Surabaya of East Java, Sepinggan in Balikpapan, Frans Kaisiepo in Biak, Sam Ratulangi in Manado, Syamsudin Noor in Banjarmasin of South Kalimantan, Adisucipto in Yogyakarta and Adisumarmo in Solo.

The company will manage three more airports in April, including Pattimura in Ambon of Maluku, Ahmad Yani in Semarang of Central Java and Selaparang in Lombok of West Nusa Tenggara.

Fachri also said that this year his company expects a higher profit -- Rp 70 billion.

He said that Angkasa Pura I's five-story office building will be constructed with an investment of Rp 16.4 billion. (icn)