{"id":166706,"date":"2024-07-05T13:00:57","date_gmt":"2024-07-05T13:00:57","guid":{"rendered":"https:\/?p=166706"},"modified":"2024-07-05T20:20:12","modified_gmt":"2024-07-05T20:20:12","slug":"garuda-and-singapore-airlines-receive-regulatory-approval-for-joint-venture","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/07\/garuda-and-singapore-airlines-receive-regulatory-approval-for-joint-venture.html","title":{"rendered":"Garuda and Singapore Airlines receive regulatory approval for Joint Venture"},"content":{"rendered":"\n

Garuda Indonesia and Singapore Airlines<\/strong> friday received the Competition and Consumer Commission of Singapore\u2019s (CCCS) approval of their commercial joint venture agreement.<\/p>\n\n\n\n

With this approval, the airlines will be able to deepen their strategic partnership on a wider range of commercial activities that will bring greater benefits to both airlines, as well as Indonesia and Singapore.<\/p>\n\n\n\n

These potentially include operating joint revenue sharing flights between the two countries, coordinating flight schedules to offer travellers more options and seamless connectivity between Singapore and Indonesia and beyond, and exploring joint sales and marketing initiatives that provide greater value to both airlines\u2019 customers.<\/p>\n\n\n\n

\u2192 Singapore Airlines posts record annual profit<\/a><\/em><\/strong><\/p>\n\n\n\n

Since Garuda Indonesia and Singapore Airlines signed an agreement to deepen their partnership in May 2023, the carriers have been working on initiatives including giving GarudaMiles and KrisFlyer members the option to earn and redeem miles on codeshare routes.<\/p>\n\n\n\n

The airlines today codeshare on a wide range of flights, including between Singapore and Indonesian cities of Bali, Jakarta, Medan, and Surabaya, as well as on long-haul routes between Singapore and Johannesburg, London (Heathrow), and Mumbai.<\/p>\n\n\n\n

\u201cWe are very pleased to receive this approval, as it marks significant progress towards our commitment to enhance service quality as well as broaden both Garuda Indonesia and Singapore Airlines\u2019 networks through a deepening partnership”, Irfan Setiaputra, President and Chief Executive Officer, Garuda Indonesia, said.<\/p>\n\n\n\n

\u201cThe robust strategic partnership between Garuda Indonesia and Singapore Airlines has enabled us to broaden our codeshare services over the last few years, offering our customers more choices on flights. With the CCCS\u2019s approval, we are poised to deepen our collaboration across a wider scope of commercial activities”, Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said.<\/p>\n\n\n\n

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