Glenny H's Strategy In Kairupan, New Managing Director Of Garuda Indonesia: Prioritize Fleet Improvement And Efficiency
JAKARTA - President Director of Garuda Indonesia, Glenny H. Kairupan, made a firm decision.
Instead of adding three new aircraft, Garuda chose to postpone fleet expansion and concentrate on repairing existing aircraft.
Glenny revealed that the company previously signed an MoU for four aircraft orders.
However, of all those plans, only one unit has been paid a down payment. The other three aircraft were officially posted.
"MoU has four aircraft, only one has DP. We have postponed the remaining three, because the priority is to repair the fleet," Glenny said.
This decision confirms the direction of Garuda's improvement which has been increasingly consistent since the entry of the government rescue scheme and BPI Danantara.
Although Danantara agreed to disburse a capital of Rp. 23.67 trillion, this former Indonesian Army pilot is quite careful.
Glenny, who is a pilot graduate of the Curug Pilot School, assessed that Garuda's rescue must start from the operational sector which has been burdening finances. "If it's not fixed, the cost will continue," he said.
Glenny estimates that the full recovery process will take two years until Garuda returns to print a profit.
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Deputy President Director of Garuda Indonesia, Thomas Sugiarto Oentoro added, the entire expansion plan is currently being re-calculated.
Adanya posisi baru Direktur Transformasi yang dijabat Neil Raymond Mills membuat evaluasi fleet dan jaringan rute dilakukan lebih ketat.
"It's not canceled, but some of it will be postponed until the analysis is final," said Thomas.
The decision to contain this expansion is a strong signal that under the new captain Glenny Kairupan, Garuda chose stability and efficiency first, before flying higher again.