Pelita Air Addresses Merger Plans with Garuda Indonesia
Executive Summary
Key insights and market outlook
Pelita Air's management has responded to Danantara's plan to potentially merge the airline with Garuda Indonesia. The company's Pj Corporate Secretary, Patria Rhamadonna, stated that Pelita Air will follow Danantara's decision, believing it will be in the national interest. The merger plans are currently under intense discussion at Danantara, with the goal of completing the process as soon as possible.
Deep Dive Analysis
Pelita Air Addresses Merger Plans with Garuda Indonesia
Management's Stance on Potential Merger
Pelita Air's management has officially responded to reports about Danantara's plans to merge the airline with Garuda Indonesia. According to Patria Rhamadonna, Pj Corporate Secretary of Pelita Air, the company will adhere to any decision made by Danantara regarding the potential merger. Rhamadonna emphasized that Pelita Air trusts that Danantara's decision will be made with the national interest in mind.
Current Status of Merger Discussions
The plans for merging Pelita Air with Garuda Indonesia are currently being intensely discussed within Danantara. When questioned about the timeline for this potential merger, Rhamadonna stated that the aim is to complete the process as soon as possible. The exact details and timeline, however, remain under consideration as discussions continue.
Source References
Story Info
Topics Covered
Key Events
Potential Merger Discussion
Danantara's Strategic Decision