IPTN completes Malaysia order for three airplanes
BANDUNG (JP): State-owned aircraft manufacturer PT IPTN handed over three CN-235-220 airplanes on Tuesday to Malaysia's airforce.
IPTN president S. Paramajuda said that the handing over of the airplanes was the last delivery of six airplanes ordered by Malaysia.
"We delivered the previous three airplanes in late August this year," he said after the handing over ceremony held at IPTN's airplane hangar.
In 1995, the Malaysian airforce signed a contract to buy six CN-235-220 aircraft from IPTN at a total value of US$101.29 million.
The ceremony was attended by Malaysian Airforce Commander Let. Gen. Dato' Sri Ahmad Saruji bin Che Rose and Malaysia's joint force commander Gen. Tan Seri Dato' Seri Molid Zahidi bin Haji Zainudin.
The Malaysian envoys arrived on one of the three 235-220 airplanes delivered in August.
After the handing over ceremony, the three new airplanes took off, carrying all the Malaysian senior envoys, on a convoy trip back to Kuala Lumpur piloted by Malaysian airforce pilots and accompanied by their IPTN partners.
Paramajuda said that IPTN was now struggling to survive through a corporate restructuring and business diversification, following the government's decision last year to cut financial assistance to the airline manufacturer.
Earlier reports said that IPTN had diversified its business by producing high tech equipment other than aircraft and manufacturing defense equipment for the government.
In addition, it was also "leasing" its expert staff to other aircraft makers.
At present there are around 20 of IPTN's aircraft specialists working with Canadian aircraft maker Downier on its Downier 728 aircraft development project. Several others have been hired by the U.S Boeing Co. for its model-structure test project, according to the company.
Paramajuda also added that the company was also in the process of acquiring certification for its prototype N-250 turboprop airplane in a move to achieve expanded income from wider sales of airplanes.
"The N-250 prototype, the first plane wholly designed by Indonesians, needs another 400 flight hours of the targeted 2,000 flight hours in tests for its certification," he said adding that to continue the certification process the company needs external funds.
According to Paramajuda, several foreign investors have declared their interest in helping finance the project, subject to the country's political stability.
Usually it takes one year to complete 1,000 flight hours, the company said.
He said that firstly the focus was to get certification from the Indonesian Certification and Airworthiness Office and the Joint Airworthiness Authority in Europe.
"The United States' Federal Aviation Authority certification, which applies overly restrictive rules will come later.
"The certification from all these three agencies is important as we have already received a number of orders for the N-250. In order for the airplane to fly it needs international certification," he said. (43/udi)