Indonesian Air Route Expansion Tansport

PT Indonesia Air Transport Tbk (IATA) is ready to explore cooperation with a number of investors to support the company's corporate action this year.
"We do not rule out cooperation with investors in the company's successful business expansion," said Secretary of the Indonesia Air Transport Company, Ganis Zuvianto Arman, when contacted VIVAnews.com in Jakarta, Tuesday, August 2, 2011.
According to Ganis, for purposes of expansion, the company is not scheduled commercial flights or charters that set up funds from internal cash and bank loans. "We were prepared from the first two options," he said.
Meanwhile, business expansion by Indonesia Air Transport, he said, the addition of a number of new flight routes. "But we can not mention any route, yes," said Ganis.
Regarding the news that one of the domestic airlines are exploring shareholding Indonesia Air Transport, Ganis claimed not to hear. "As to that - that strategic investors are interested to get IATA -, do not know. To be sure, we're aggressively expanding," he said.
                       
As of June 30, 2011, PT Global Transport Service registered IATA coded stock control as much as 53.01 percent, Far East Global Invesments Ltd. 12.15 percent, 10.52 percent and Starlight. While the rest held by the public.
In trading Tuesday at 10.30 pm, the share price of Rp1 IATA or 1.66 percent lower at Rp59 levels. Meanwhile, at the opening transaction this morning, shares of Indonesia Air Transport stagnant at Rp60 position.
Earlier, Indonesia Air Transport seeks to boost financial performance this year. To that end, the company was eyeing charter aircraft tenders from mining companies in East Kalimantan.
"Tender is worth $ 2.9 million from mining companies in Muara Bakau, East Kalimantan," said President Director of IATA, Syafril Nasution, after the EGM in Jakarta, some time ago.

Syafril added that the company will also open up new flight routes in some areas.

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