Garuda's Market Share Reaches 46% After Taking Over Sriwijaya Group

Transportation & Logistics

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Dwi Hadya Jayani 19/06/2019 09:00 WIB

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Lion Air Group remains the airline with the largest market share, at 50%.

Domestic Airline Market Share Development 2017 and 2018

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Garuda's Market Share Reaches 46% After Taking Over Sriwijaya Group

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Domestic Airline Market Share Development 2017 and 2018

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Garuda Indonesia Group's market share increased from 33% to 46% after taking over the operational management of Sriwijaya Air and NAM Air. This was achieved through a Joint Operation (JO) between Citilink Indonesia and Sriwijaya Air.

Garuda has become the second-largest airline in Indonesia by market share. Lion Air Group remains undefeated with a 50% market share. Indonesia AirAsia only holds a 2% market share.

Indef researcher Nailul Huda, in an online discussion titled *The Dream of Cheap Airfares: Do Foreign Airlines Need to be the Solution*, assessed that Garuda's takeover of Sriwijaya Air's operations eliminated a competitor that could have been a major rival to both Garuda and Lion Air. This corporate action also has the potential to increase collusion and coordination between the two airline groups.

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."