A general meeting of shareholders agreed to inject Rp55.4 billion into Riau Airlines to improve the company`s performance and for buying more planes.
President Commissioner of Riau Airlines Wan Syamsir Yus said after attending the general meeting of the airline company`s shareholders in Pekanbaru on Monday night that up to the end of December this year two planes will be used on hire-purchase basis in mid-June and early in July 2010 namely a Boeing 737-500 and Boeing 737-300 from Hong Kong.
The shareholders also agreed to the company`s plan on an operational cooperation with European companies in operating 14 Embraer ERJ 145 jets and seven Embraer E 170s.
The company`s management also had been asked to make a financial evaluation of a number of shareholder routes and a request that each new route will be served if meeting the requirements and income criteria of the new routes covering operational cost.
"The president commissioner has the task of controlling and reporting the developments of Riau Airlines once in every three months to the shareholders," Wan Syamsir said.
For the company`s internal improvements, he said the state airline company in Sumatra island also needs to conduct efficiency measures in various fields and managerial improvement like organizational restructuring, optimizing work, review of remunerations and use of operational expenses.
The Riau administration as majority shareholder of Riau Airlines said commitment to give a capital for performance improvements.
President Director of Riau Airlines Teguh Triyanto, who had been installed only five months ago as a pilot, said he will conduct external and internal reforms as agreed to in the shareholders general meeting.
"As employee, we are ready to give the best for the company and focus on improvement of services and fly to the regions of Sumatra island," said Teguh who was once Vice President of PT Garuda Indonesia.
President Commissioner of Riau Airlines Wan Syamsir Yus said after attending the general meeting of the airline company`s shareholders in Pekanbaru on Monday night that up to the end of December this year two planes will be used on hire-purchase basis in mid-June and early in July 2010 namely a Boeing 737-500 and Boeing 737-300 from Hong Kong.
The shareholders also agreed to the company`s plan on an operational cooperation with European companies in operating 14 Embraer ERJ 145 jets and seven Embraer E 170s.
The company`s management also had been asked to make a financial evaluation of a number of shareholder routes and a request that each new route will be served if meeting the requirements and income criteria of the new routes covering operational cost.
"The president commissioner has the task of controlling and reporting the developments of Riau Airlines once in every three months to the shareholders," Wan Syamsir said.
For the company`s internal improvements, he said the state airline company in Sumatra island also needs to conduct efficiency measures in various fields and managerial improvement like organizational restructuring, optimizing work, review of remunerations and use of operational expenses.
The Riau administration as majority shareholder of Riau Airlines said commitment to give a capital for performance improvements.
President Director of Riau Airlines Teguh Triyanto, who had been installed only five months ago as a pilot, said he will conduct external and internal reforms as agreed to in the shareholders general meeting.
"As employee, we are ready to give the best for the company and focus on improvement of services and fly to the regions of Sumatra island," said Teguh who was once Vice President of PT Garuda Indonesia.
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