Garuda Indonesia and Singapore Airlines (SIA) have received approval from the Competition and Consumer Commission of Singapore (CCCS) for their commercial joint venture agreement, paving the way for deeper cooperation between the two flag carriers.
The regulatory green light, announced on July 5, 2024, allows the airlines to expand their partnership across a range of commercial activities. These may include revenue-sharing flights between Indonesia and Singapore, coordinated flight schedules, and joint sales and marketing initiatives.
Irfan Setiaputra, President and Chief Executive Officer of Garuda Indonesia, welcomed the approval, stating, “This marks significant progress towards our commitment to enhance service quality as well as broaden both Garuda Indonesia and Singapore Airlines’ networks through a deepening partnership.”
The joint venture builds on existing collaborations between the carriers. Since signing an agreement in May 2023, they have implemented initiatives such as allowing frequent flyer members to earn and redeem miles on codeshare routes and joint marketing efforts to promote tourism.
Currently, the airlines codeshare on flights between Singapore and Indonesian cities including Bali, Jakarta, Medan, and Surabaya. The partnership also extends to long-haul routes connecting Singapore with Johannesburg, London (Heathrow), and Mumbai.
Goh Choon Phong, Chief Executive Officer of Singapore Airlines, emphasized the potential benefits of the expanded partnership.
“With the CCCS’s approval, we are poised to deepen our collaboration across a wider scope of commercial activities,” he said.
“This partnership underscores both airlines’ commitment to improving connectivity between Indonesia and Singapore and beyond, boosting both business and leisure travel, and contributing to economic growth.”
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