ExecuJet Aviation Group and P.T Dimitri Utama Abadi Sign Joint Venture Agreement in Indonesia

ExecuJet Aviation Group and P.T. Dimitri Utama Abadi announced today their signing of a joint venture agreement to manage General Aviation Terminals (GAT) at up to 13 Airports in Indonesia. P.T. Dimitri Utama Abadi is a new private company, formed to serve as the Indonesian partner for the joint venture P.T. ExecuJet Indonesia.

The agreement was signed by ExecuJet Asia’s Managing Director Graeme Duckworth and P.T. Dimitri Utama Abadi’s CEO Soetikno Soedarjo. The joint venture follows the signing of a Memorandum of Cooperation between ExecuJet and Angkasa Pura 1 in May 2012, to design, construct and manage the GATs.

“The signing of this joint venture agreement is the next step in ExecuJet establishing operations in Indonesia, which we view as an important strategic location for ExecuJet’s South East Asia expansion,” says Duckworth. “P.T ExecuJet Indonesia will manage the GA Terminals in East Indonesia to the same standards and service levels delivered at our 16 other FBOs around the world. Partnering with Soedarjo, a successful and well-respected entrepreneur in Indonesia, positions the joint venture for many more opportunities in the near future, some of which are already under review.”

“I am pleased that we have partnered with a prestigious company such as ExecuJet and look forward to expanding our presence beyond the GA Terminal business, in line with what ExecuJet has achieved in many other parts of the world,” comments Soedarjo.

“I believe that with ExecuJet’s professional reputation, know-how and high standards, the entire business aviation community in Indonesia will grow to match the aviation industries in more developed countries, and we sincerely look forward to being part of this expansion,” Soedarjo adds.

A photo to accompany this press release can be found here.
 

ExecuJet Aviation Group
The ExecuJet Aviation Group is a leading global business aviation organisation offering a diverse range of services including pre-owned and new aircraft sales, aircraft management for private and commercial registered aircraft, aircraft charter, aircraft maintenance, aircraft completions management and fixed base operations. Headquartered in Zürich, Switzerland, ExecuJet has operations in six regions – Africa, Asia, Australasia, Europe, Latin America and the Middle East, embracing a workforce of over 850 experienced staff. 

The ExecuJet Aviation Group manages 150 business jets worldwide under the most stringent safety standards. Its commercial fleet is operated under the regulatory umbrella of seven regional civil aviation issued air operating certificates (AOCs). ExecuJet has many authorised maintenance facilities throughout four regions, certified to work on most business jets. The ExecuJet Aviation Group operates eighteen world-class FBO facilities worldwide.

The ExecuJet Aviation Group offers considerable experience in new and pre-owned aircraft sales worldwide and has a large inventory of business aircraft to suit all budgets with an international team of sales directors offering local knowledge and expertise.

www.execujet.net

P.T. Dimitri Utama Abadi
P.T. Dimitri Utama Abadi is a newly formed Indonesian private company headed up by Soetikno Soedarjo to serve as the Indonesian partner for P.T ExecuJet Indonesia. Soetikno Soedarjo, the CEO of PT. Mugi Rekso Abadi (MRA) is the holding company for many media and lifestyle companies.

Under Soetikno’s direction as the CEO, the group focused on the media and lifestyle business by securing U.S and European premium names and brands in areas of media, automotive, retail, hotel and properties. Though still a fully family-owned company, at present MRA Group has grown into a well-diversified media and lifestyle group of companies that divides its businesses into six major divisions.

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