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PRESIDENT Director of PT Garuda Indonesia Tbk, Irfan Setiaputra also has not described in detail the prospects for business performance in the aviation industry. Moreover, this national airline is also struggling to survive by restructuring.
“We have submitted a (restructuring) proposal. In the future we will continue to focus. But the projection will be greatly affected by the situation,” said Irfan.
Referring to the disclosure of information on the Indonesia Stock Exchange, the performance of Garuda Indonesia until September 2021 recorded a total revenue of US$568 million. However, Garuda Indonesia posted a total operating cost of US$1.29 billion.
Meanwhile, the number of Garuda Indonesia passengers until September 2021 is 2.3 million pax. By the end of the year, it is projected to be 3.3 million, which is 17% of the number of pax in 2019 before the COVID-19 pandemic.
Meanwhile, an observer from the Indonesian Aviation Network (Japri), Gerry Soejatma also estimates that the aviation industry until the end of 2021 will only grow slowly. The surge in COVID-19 cases due to the delta variant which led to an emergency implementation of restrictions on community activities (PPKM) has become a major obstacle for the aviation industry this year.
The effect of the tight PPKM in the middle of 2021 had made passengers fall to a level around the PSBB period in 2020. The implementation of PPKM level 3 on 24 December 2021 to 2 January 2022 also raises concerns about tightening travel conditions, for example if the mandatory PCR test is again imposed.
In addition to the additional cost, the PCR requirements make it difficult for passengers because the PCR results cannot quickly become like Rapid Antigen.
“So, the question is, what is the impact of PPKM level 3 nationally? For tourism activities in tourist destinations, it seems that it will not be as badly affected as the transportation sector. But there are many concerns that PCR will be applied as a travel requirement,” Gerry concluded. {sources/photo special]
