Singapore Airlines and Garuda Indonesia will enter a joint venture
(JV) to increase passenger capacity between the two countries, although
the flag carriers have stopped short of expanding the proposed agreement
to include international connections.
The main objective of the JV is the expansion of capacity between
Singapore and Indonesia by increasing the scope of a 2021 MOU which
includes codeshares, alignment of frequent flier programmes, and joint
marketing campaigns.
The plan will cover routes between Singapore and Denpasar, Jakarta, and Surabaya.
The carriers will also explore the implementation of new initiatives,
including joint fare products and an alignment of corporate programmes.
"This joint venture ... reflects our firm commitment to grow the
aviation markets in Indonesia and Singapore, facilitating a greater
level of business and people connections and promoting both countries as
regional tourism destinations," said Goh Choon Phong, CEO, Singapore
Airlines.
Irfan Setiaputra, Garuda Indonesia president and CEO, said, “This
deepening relationship may also strengthen tourist flows between
Indonesia and Singapore, which makes it easier for international
tourists to create their remarkable South-east Asia journey – visiting
the uniqueness of Singapore and exploring the exoticism of Indonesia’s
multiculturalism.”