PT Angkasa Pura I Aims Profit of Rp1,17 Trillion
By : Ridwan And Aldi Firhand. A | Wednesday, August 16 2017 - 12:31 IWST

Airport Illustration
INDUSTRY.co.id - Jakarta - PT Angkasa Pura I is eyeing to book a net profit of Rp 1.17 trillion this year, up about 28 percent from the 2016 target.
"The strategy is to optimize the Collaborative Destination Development Program (CDD) with stakeholders in several regions to jointly develop the potential of regional tourism destinations that will ultimately increase passenger traffic to the region," said AP I CEO Danang S Baskoro In a written statement in Jakarta, Tuesday (15/08/2017
To that end, Danang S. Baskoro added that Angkasa Pura I also proactively offers the opening of new routes from and to the airports of Angkasa Pura I for global airlines by providing price incentives or eliminating the cost of landings.
"Optimizing the performance of subsidiaries is also done to achieve the target that has been determined," he said.
Meanwhile, Angkasa Pura I (Persero) recorded a 61 percent profit growth in the first half of 2017 compared to the same period last year.
In the first half of 2017, Angkasa Pura I earned a profit of Rp885 billion, up from profit in the same period the previous year which was only Rp550 billion.
The increase in net profit of the company in the central and eastern part of Indonesia is inseparable from revenues that grew 17 percent in the first half of 2017.
AP I earned revenues of Rp3.4 trillion this year, while in the same period of 2016 it only reached Rp2, 9 trillion.
For details, aeronautical business contributes about 60 percent of total revenues or Rp2.05 trillion.
Figures rose 20.6 percent from the achievement of the first half of 2016 and only Rp1, 7 trillion.
Meanwhile, non-aeronautical business was recorded at Rp1.35 trillion, up 13.5 percent from the same period last year of Rp1.19 trillion.
"The significant growth of this profit is partly due to the growth of movement over the previous year, according to our data, the movement of aircraft grew 2.3 percent, passenger movement rose 4.3 percent, while cargo increased 15.6 percent," he said.
Danang said the increase in traffic or movement caused by the addition of new routes at several airports, both domestic and international.
In addition, he continued, the operation of Novotel Bali Airport operated by Angkasa Pura I subsidiary, Angkasa Pura Hotel and the implementation of priority scale in the realization of operational cost contribute to profit growth.
Read Also
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Coming Soon: Orange Groves at PIK 2, A new Riverside Destination…
Today's Industry

Jumat, 02 Juni 2023 - 17:40 WIB
Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards
The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

Jumat, 02 Juni 2023 - 15:50 WIB
CleverTap launches local deployment of its SaaS platform in Indonesia
CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

Jumat, 02 Juni 2023 - 15:10 WIB
Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route
RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

Jumat, 02 Juni 2023 - 14:00 WIB
President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges
In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Jumat, 02 Juni 2023 - 13:30 WIB
President Encourages Acceleration of Electric Battery Ecosystem Development
Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…
News Comment