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Economic Take Off

PT Angkasa Pura I Reports Strong Profit Growth in Operation Across 13 Major Airports


Bali News: Indonesia, Angkasa Pura, Airport Management, Bali Ngurah Rai Airport
Click Image to Enlarge

(2/4/2018)

PT Angkasa Pura I, (PTAP I) the State-owned company that manages 13 major airports spread from the central  to the eastern regions of Indonesia, has posted a profit for all of 2017 of Rp.1.4 trillion, an increase of 26% over its profit posted in 2016 of Rp.1.1 trillion.

During 2017, PTAP I posted a 17% increase in total operational income year on year with transactions of Rp. 6.1 trillion. Rp. 4.2 trillion of the Company’s income was derived from aeronautical services that included landing fees, parking fees, airport storage (overnight), passenger service charges, avio bridge services, check in counter rental, and payments for the baggage handling system. The remaining Rp. 2.9 trillion in income was derived from non-aeronautical services such as office space rental, commercial concessions, advertising, airport parking, and lounge rental.

Quoted by finance.detik.com, the CEO of PTAP 1, Faik Fahmi, said: “The increase in income is in accordance with the growth in passengers, aircraft numbers, cargo and the Company’s participation in regional governments’ 'Collaborative Destination Development program' to improve airport facilities and services.”

Throughout 2017, PTAP 1 handled 3.5% more flights serving 791,496 flight movements. In terms of passenger numbers, the 13 airports managed by the Company handled 89.7 million passengers – an increase of 6%. Cargo passing through these airports also increased 11.4% totaling 403 million kilograms.

PTAP 1 invested Rp. 4.6 trillion in the 13 airports under its management in 2017, comprised of Rp. 2.3 trillion for airport development and Rp. 2.3 trillion for safety and service items.

During 2017, PTAP 1 received a number of awards:

  • Surabaya’s Juanda International Airport – The World’s Best On-Time Performance Airport in the category of airports serving 10-20 million passengers given by OAG (UK).
  • Bali’s Ngurah Rai International Airport – The World’s 3rd Best Airport for airports handling between 15-20 million passengers in the Airport Service Quality (ASQ) Awards from Airport Council International (ACI).
  • Makassar’s Sultan Hasanuddin Airport – The Most Improve Airport in the Asia Pacific in the Airport Service Quality (ASQ) Awards from Airport Council International (ACI).
From the 13 airports under its management in 2017, PTAP 1 reduced the number of loss-making airports from 5 in 2016 to 3 in 2017. The three loss-making airports are serving less than 2 million passengers per year, namely: El Tari Kupang Airport (Kupang), Pattimura Airport (Ambon), and Frans Kaisiepo Biak (Baik, Papua).

2018 Targets 
 
PTAP1 is targeting total income for 2018 of Rp. 8.7 trillion, an increase of 16% over the unaudited 2017 results of Rp. 7.5 trillion.
 
PTAP1 is also hoping to soon assume management of six airports now managed by the Ministry of Transportation, namely:
  • Komodo Airport in Labuan Bajo (West Flores)
  • Sentani Airport in Jayapura, (Papua)
  • Juwata Tarakan Airport (Kalimantan)
  • Syukuran Aminudin Amir Luwuk Airport (Central Sulawesi)
  • Mutiara Sis Al Jufri Airport (Palu)
  • Samarinda Baru Airport  (East Kalimantan)


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