Garuda-Pelita Air Merger Update: Danantara's Decision Pending

Ongoing Discussions and Assessments

The potential merger between Pelita Air, a subsidiary of Pertamina, and Garuda Indonesia continues to be discussed, with the process being regularly reported to Danantara, according to Pertamina CEO Simon Aloysius Mantiri. The final decision regarding the merger depends on Danantara's assessment.

Current Status of Merger Talks

Mantiri stated that while discussions have been initiated, they are following established procedures, including internal evaluations by Pelita Air. The process is ongoing, and Pertamina is awaiting Danantara's final decision.

Key Stakeholders and Their Roles

• Pertamina: The state-owned enterprise overseeing Pelita Air
• Danantara: The state-owned equity firm holding shares in both Garuda Indonesia and Pelita Air
• Pelita Air: The airline subsidiary of Pertamina under consideration for merger
• Garuda Indonesia: The national carrier involved in merger discussions

The merger discussions highlight the complex interplay between state-owned enterprises in Indonesia's aviation sector. As the situation develops, the decision by Danantara will be crucial in determining the future of both airlines.