The president and CEO of Garuda Indonesia, Emirsyah Satar said today the carrier plans to add three A330-200 freighters from end-2013 as part of its expansion plan which will see its overall fleet grow from 92 aircraft currently to 194, although 50 of those aircraft will be operated by its low cost subsidiary Citilink.
Speaking to reporters in Singapore, Satar said the carrier has already established a separate cargo business unit and has conducted studies into potential cargo markets. “Garuda Indonesia is not enjoying those markets so there is a potential for growth,” he said. “It is a good problem [to have],” he added.
Long haul freighters to Europe are not part of the plan currently Satar noted, adding that with orders for 10 B777-300ERs due for delivery from middle of next year, the carrier will have ample belly capacity to market on the cargo side.
“For the time being we have to develop the belly cargo, bearing in mind once the B777s come in there is high capacity in terms of cargo. That is how we are going to develop our cargo business,” he added.
Satar also noted that there was a growing potential for the domestic air cargo business what with the large archipelago nation’s economic growth, large population and growing foreign investment.