Garuda Indonesia unit operates new hangar for narrow body aircraft, eyes SE Asia market
By
Insider Admin Sep 28, 2015
JAKARTA (TheInsiderStories) – The country’s largest aircraft maintenance company GMF Aero Asia, a subsidiary of flag-carrier Garuda Indonesia, officially begins the operation of its fourth aircraft hangar (4th), which is dubbed as the largest hangar for narrow body aircraft in the world. The hangar has the capacity to accommodate 16 narrow body aircraft, such as Boeing 737, at one time.
The new hangar will certainly boost GMF Aero Asia’s Maintenance, Repair and Overhaul (MRO) business.
The hangar was officiated by State Enterprise Minister Rini Soemarno on Monday (Sept 28) and attended by President Director of Garuda Indoensia Arif Wibowo and Director General for Air Transportation Suprasetio.
The hangar’s construction began in 2013 by PT Wijaya Karya (Pesero) Tbk and financed by BNI.
Currently, GMF is the market leader in MRO business in the country by controlling 70 percent of MRO business. Of the MRO works, about 75 percent comes from Garuda Indonesia, the company’s parent firm and the remaining 25 percent comes from other airlines.
As the aviation industry grows fast partly driven by the increase of number of narrow body aircraft used by low-cost air carriers, the demand for MRO works also increase. The value of maintenance, repair and overhaul from aircrafts had also increased.
President Director of GMF Aero Asia Richard Budihadianto said earlier that the value of MRO business in Indonesia today is estimated to have reached US$ 1 billion per annum. About 70 percent of the MRO demand is served by overseas hangars, while domestic hangars only serve 30 percent of the domestic MRO needs.
The biggest challenge for MRO operators like GMF is the increase capacity and capability. Capacity means the amount of MRO works carried out, while the capability is the level of works provided.
The demand for MRO is expected to further increase with the implementation of the so-called Open Sky Policy. This means that more and more airlines from abroad will fly to various destinations in Indonesia. This would open up business opportunities for GMF Aero Asia as these aircraft would need maintenance, from overnight service, light maintenance, medium check to overhaul.
In 2013, GMF Aero Asia posted net profit of US$19 million, while sales reached US$230 million.
GMF AeroAsia has also secured international certificates of approval from Federal Aviation Authority (FAA) of US and EASA from Europe as well as approval from 20 countries including Australia and Singapore.
With the certificates of approval, GMF has full capabilities to serve B-737 series aircraft, however its capacity is limited. For new wide body aircraft B-777, GMF only has the capability to provide mid-range maintenance works, so it still needs to improve our capacity on that area.
Apart from Garuda Indonesia, Lion Air (PT Lion Mentari Airlines) also has its owned hangar. Lion Air officially opened its hangar, called Batam Aero Technic in January 2014. The Batam Aero Technic is the first of four hangar being built by Lion Air.
Batam Aero Technic has 100 engineers who have the capability and qualification for aircraft maintenance and repair services. The facility will enable Lion Air to maintain and repair its Boeing 737 and Airbus A320 aircraft at its own hangar. (*)
http://www.theinsiderstories.com/ga...for-narrow-body-aircraft-eyes-se-asia-market/
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The World Biggest Hangar Operates
- 14:42:14, 29 September 2015
PT Garuda Maintenance Facility (GMF) Aero Asia, yesterday, started to operate hangar 4 which also as the world biggest hangar right now for narrow body airplane.
Additional Capacity for this workshop aimed to support GMF Aero Asia’s target to become top three in maintenance, repair and overhaul (MRO) in South-East Asia at 2020 and top 10 worldwide at 2030.
With financial support from BNI, PT WIJAYA KARYA (Persero) Tbk. completes this 67 thousand m2 hangar approximately for 2 years.
For more details, please read Media Indonesia (Printed Version) page 17 on September 29, 2015.
http://www.wika.co.id/detailpost/the-world-biggest-hangar-operates-wika