Indonesia’s President witnesses signing on Indonesian Investment Day
Boeing will support commercial aviation safety, efficiency, infrastructure and aerospace industry development
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NEW YORK, Sept. 24, 2012 – Boeing [NYSE: BA] and the Republic of Indonesia today announced
that they will collaborate on commercial aviation safety, efficiency and
aerospace industry development in Indonesia and Southeast Asia. This
enhanced cooperation will support Indonesia’s vision for current and
future economic development as well as the ongoing and anticipated
growth of the country’s aerospace sector.
Indonesian President Susilo Bambang Yudhoyono witnessed the signing of a Memorandum of
Agreement (MOA) with Boeing during the government’s Indonesia Investment
Day, held at the New York Stock Exchange.
“This MOA reflects a
growing partnership between Boeing and Indonesia in the growth of our
civil aviation sector. We see this Memorandum as a milestone event for
our aviation industry,” said Indonesian Ambassador to the United States Dr. Dino Patti Djalal. “As
Indonesia's economy takes off, we are proud to have a solid partner in
Boeing to help accelerate that growth in a safe and efficient manner.”
“Indonesia’s
impressive economic development is driving rapid growth in the
aerospace sector and commercial aviation system,” said Shep Hill,
president of Boeing International. “By collaborating with the
government, airlines and industry, Boeing is focusing its efforts to
help meet Indonesia’s objectives for continued development of human
capital, aerospace sector growth and best-in-class infrastructure.”
The MOA was signed by Ambassador Djalal and Stanley Roth, Boeing vice president of international government relations. The collaboration plan lays out several areas where Boeing will engage with Indonesia’s Ministry of
Transportation, Ministry of Education, Directorate General of Civil
Aviation, commercial airlines, the U.S. Federal Aviation Administration
and other key stakeholders.
Boeing will work with Indonesian airlines,
airports and regulatory agencies to support air traffic management initiatives focused on enhancing safety, capacity and efficiency.
Boeing has agreed to
work with airlines and others to address unprecedented demand for
commercial airline pilots, maintenance technicians and other personnel
due to the rapid expansion of Indonesia’s airlines. In addition, Boeing
and the government will collaborate to survey Indonesia’s aerospace
manufacturing-related companies, universities, and research and
development centers and will continue to look for win-win opportunities
for further engagement.
Indonesia’s economy
has grown rapidly in recent years and is projected to achieve further
significant growth and development in the future. The government has
developed and implemented an economic development plan to support
sustained growth by achieving developed country status by the year 2025
through eight main programs, including the commercial aviation industry.
Boeing has forecasted that air travel in
Southeast Asia will grow at an average annual rate of 6.5 percent over
the next 20 years. Traffic within the region is expected to grow at a
rate of 7.6 percent per year. Boeing has longstanding relationships with Indonesia’s commercial airlines, including Garuda Indonesia, the country’s major network carrier, and Lion Air, a low-cost carrier that operates an all-Boeing fleet and is the world’s largest operator of the 737-900ER.
About Boeing
Boeing is the world's largest aerospace
company and leading manufacturer of commercial jetliners and defense,
space and security systems. A top U.S. exporter, the company supports
airlines and U.S. and allied government customers in 150 countries.
Boeing products and tailored services include commercial and military
aircraft, satellites, weapons, electronic and defense systems, launch
systems, advanced information and communication systems, and
performance-based logistics and training. For more information about
Boeing please visit www.boeing.com.
# # #
Contact:
Jay Krishnan
Boeing Southeast Asia Communications
+65 688 39809
Tom McLean
Boeing International Corporate Communications
703-465-3637
Jessica Kowal
Boeing Commercial Airplanes Communications
206-766-2908
jessica.m.kowal@boeing.com
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