Indonesia’s state-owned airport operator PT Angkasa Pura (AP) I has set a target of serving at least 101 million passengers in the 13 airports it manages, an increase from 96.5 million passengers processed in 2018, reported Antara News.

“The performance of the company has been growing positively over several years. There is a trend of increases in the number of passengers, income, and profit of the company,” PT AP I’s president director Faik Fahmi said.

In 2017, the 13 airports received 89.7 million passengers, and in 2018, the number of passengers went up 7.6% to 96.5 million.

PT AP I received audited income amounting to IDR8.98 trillion (US$640.40 million) last year, while net profit was IDR2 trillion, an increase of 41.28% compared to 2017.

For this year, the company has set a target income of IDR10.2 trillion and net profit of over IDR2 trillion.

PT Angkasa Pura I is one of the two separate state enterprises of the Indonesian Department of Transport that are responsible for the management of airports in Indonesia, the other one being PT Angkasa Pura II.

PT AP I also plays a role in promoting air connectivity and economic growth through airport development and expansion, Faik said.

For 2019, the company has adopted the theme “Connecting the World Beyond Airport Operator with Indonesian Experience” for its new vision.

Photo: Fatur Almakawi

You May Also Like

East-West freight rates retreated further in fourth quarter

Ocean contract freight rates on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry’s Benchmarking Club,…

Vietnam kicks off Hai Phong port project

Groundbreaking ceremonies for an international gateway port in the northern city of Hai Phong were held earlier this month, the port expected to boost…

BIR ruling clears up VAT exemption for int’l cargo, passenger transport

A newly released ruling of the Bureau of Internal Revenue (BIR) clarified the coverage of value-added tax (VAT) exemptions for the passenger and cargo…

Schools need to align with Asia’s labor market needs—ADB

Asian universities and secondary schools must better align with labor market needs to ensure graduates have the skills and knowledge required by employers, according…