Angkasa Pura I to enter ground handling business
Angkasa Pura I to enter ground handling business
JAKARTA (JP): PT Angkasa Pura I, a state-owned company that
operates 12 airports, plans to diversify into ground handling
services.
Angkasa Pura I's president, Fachri Zainuddin, said yesterday
the company would set up a joint venture company with national
flag carrier Garuda Indonesia to run the services.
Angkasa Pura I will own 70 percent of the new company and
Garuda 30 percent.
"We plan to invest Rp 82 billion (US$34.1 million) in the new
company," he told a House Commission V hearing.
He expected the new company would be incorporated by the mid-
1997.
"The new company will deal with ground handling at all of the
airports managed by Angkasa Pura I," he said.
He said the Ministry of Finance had already approved the joint
venture project.
The airports managed by Angkasa Pura I include Ngurah Rai in
Bali, Hasanudin in South Sulawesi, Juanda in East Java, Sepinggan
in East Kalimantan and Frans Kaisiepo in Irian Jaya.
The others are Sam Ratulangi in North Sulawesi, Syamsudin Noor
in South Kalimantan, Adisucipto in Yogyakarta and Adisumarmo in
Surakata, Central Java, Pattimura in Ambon, Ahmad Yani in
Semarang, Central Java, and Selaparang in Lombok.
Fachri said his company would manage its 13th airport, Eltari
in Kupang, next July.
In the hearing, which was attended by senior PT Angkasa Pura
II executives, Fachri said his company posted a Rp 70.55 billion
($29.34 million) net profit last year, up 14 percent from Rp
61.88 billion in 1995.
He said that out of the 12 airports Angkasa Pura I operated,
only airports in Bali, Surabaya, Ujungpandang, Yogyakarta and
Semarang were profitable.
"The other airports still suffered losses last year due to not
enough passengers. An airport will make profit if it handles at
least one million passengers a year," he said.
Soekarno-Hatta
The president of Angkasa Pura II, Chusjairi, said his company
posted a Rp 139.05 billion ($57.8 million) net profit last year,
up 41 percent from Rp 98.4 billion in 1995.
Angkasa Pura II manages 10 airports including Soekarno-Hatta
and Halim Perdanakusuma airports in Jakarta, Badaruddin in South
Sumatra, Supadio in West Kalimantan and Polonia in North Sumatra.
The other five are Simpang Tiga in Riau, Hang Nadim in Batam,
Husein Sastranegara in West Java, Blang Bintang in Aceh, and
Tabing in West Sumatra.
Chusjairi said there were 13.77 million passengers handled at
Soekarno-Hatta airport last year, up 4.79 percent from 13.14
million passengers in 1995.
"We plan to expand Soekarno-Hatta airport which is expected to
handle at least 18.19 million passengers in 2000," he said.
But he said his company still had financial problems.
He said that based on a presidential decree, Soekarno-Hatta
airport was originally 3,014 hectares.
"Relating to the airport's development stage, we have got just
1,800 hectares," he said.
He said the area in the remaining 1,214 hectares had not been
developed properly because things like warehouses, housing
estates and other new buildings had been erected.
"These developments may endanger flight safety and will
probably cause us problems if we want to appropriate land." (icn)