Aviation Ban Has Cost Garuda US$9 Million
Jakarta Globe quotes the national carrier Garuda Indonesia as claiming to be losing US$9 million every year as a result of the ongoing European Unions (EU) blacklist of Indonesian aviation.
Emirsyah Satar, CEO of Garuda, says that his airline has lost “between US$750,000 and US$1.5 a month” since the ban was introduced in July 2007.
Although Garuda does not fly to Europe, the ban is impacting negatively on Indonesian domestic flights which can’t be sold or booked by many European travel agents and the inability of Garuda to enter into code-sharing agreements with European carriers while the blacklisting remains in place.
Indonesia is hopeful that the recent passage of a new aviation law and the appointment of a new Director General of Civil Aviation will pave the way for a possible lifting of the aviation ban in June 2009.
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