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E-Ticketing for Garuda by 2007

Garuda and Lufthansa Systems Form Joint Venture –Lufthansa Systems Indonesia (LSI).

(7/11/2005) Garuda Indonesia and Lufthansa Systems have established a new joint-venture intended to help streamline Indonesia's national carrier's operations.

Lufthansa Systems Indonesia (LFI)

The new venture, owned 51% by Garuda and 49% by Lufthansa Systems, will work as an Internet Technology (IT) provider for IT solutions required in the operation of a modern air carrier.

In addition to providing e-ticketing and reservations systems the new company is also expected to look at information management on every level of an airline's operation, including the training of manpower, financial management and aircraft route management.

"The strategic partnership with Lufthansa Systems will give us the opportunity to position our company as a competitive player in the world-wide aviation marketplace," said Emirsyah Satar, President and CEO Garuda Indonesia. "By outsourcing our IT to the joint venture, we will be able to minimize our costs while gaining access to state-of-the-art technology at the same time," Satar added.

Not Just for Garuda

Lufthansa Systems Indonesia hope to market their services not only to Garuda but to other Indonesian and regional air carriers, as well.

E-Ticketing - scheduled to come on line at Garuda by 2007 is alone expected to improve the bottom line of the airline by as much as 3-5%.