Singapore Airlines, Garuda Indonesia to enter JV

Singapore Airlines planes sit on the tarmac at Changi Airport in Singapore.

Singapore Airlines Ltd. and Garuda Indonesia plan to enter into a joint venture JV to increase passenger capacity between the two countries, the flag carriers said on Monday.

The proposed JV would allow carriers to potentially synchronise schedules, improving passengers' connectivity and convenience, and exploring new initiatives, such as joint fare products and an alignment of corporate programs, they said.

The plan will cover routes between Singapore and Denpasar, Jakarta and Surabaya, and deepen the existing cooperation between the two carriers.

This joint venture reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, enabling a greater level of business and people connections and promoting both countries as regional tourism destinations, said Goh Choon Phong, Singapore Airlines' chief executive officer.