ExecuJet Aviation and PT Dimitri Utama Abadi sign agreement

ExecuJet Aviation Group and PT Dimitri Utama Abadi announced that they have signed of a joint venture agreement to manage general aviation terminals at up to 13 Airports in Indonesia. PT Dimitri Utama Abadi is a new private company, formed to serve as the Indonesian partner for the joint venture PT ExecuJet Indonesia.

The agreement was signed by ExecuJet Asia’s managing director Graeme Duckworth and PT Dimitri Utama Abadi’s CEO Soetikno Soedarjo. The joint venture follows the signing of a memorandum of co-operation between ExecuJet and Angkasa Pura 1 in May 2012, to design, construct and manage the terminals.

“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,” said Duckworth. “PT 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,” commented Soedarjo.

Soedarjo continued “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.”