"The aircraft leasing contracts will definitely be renegotiated with the lessor. Surely, we will renegotiate it, especially to extend the leasing period of the current medium- and large-sized aircraft contracts, so, the monthly fee will go down," Danadiputra noted at a press conference after the Extraordinary Meeting of Garuda Indonesia Shareholders at the Garuda Indonesia Office, Tangerang, Wednesday.
According to the Garuda Indonesia president director, renegotiation will economize around 10-20 percent.
"I have not seen its details yet. We will decide in a week at the latest on how to renegotiate and restructure the fleet," he remarked.
Danadiputra has focused on three major lessors to renegotiate the fleet within this one-month period.
"The focus this month is on three big lessors, not too much, but we focus on making a cognitive impact on our costs," he said.
In addition, Danadiputra has in place a transformation program for human resources by embracing the Garuda Indonesia Workers Union (Sekarga) and the Garuda Pilot Association (APG).
"What is certain is that we will make employees happy first. I have spoken to APG, which is a crucial point for employees now to be encouraged again, as I had also received some complaints from the public that employees must be happy first," he stated.
Danadiputra is also determined to save on financing a minimum of US$100 million by the end of 2018 by cutting inefficiencies in the company`s financing structure.
"The most important aspect is to close the operational inefficiencies of $100 million until the end of 2018," he added.
Reporting by Juwita Trisna Rahayu
Editing by Andi Abdussalam
Reporter: Antara
Editor: Suharto
Copyright © ANTARA 2018
