Flying in Turbulent Times, it Helps to be Asia-Focused

Garuda Indonesia President & CEO Emirsyah Satar discusses: - Transformation plan - - meritocracy - resistance - strategy; - Government - political will - necessity; - Competition - LCCs - how coping; - Crashes - safety - terrorism - update - views; - IPO - 'railroaded' - delayed - - overpriced - overly large - background - takeaways - lessons; - Government intereference; - Indonesia - plans - float dozens more 142-odd state-controlled businesses - Garuda experience - instructive; - Reports - misjudging money; - (Lack of foreign interest) - IPO - update;  - Earnings - improvement - 2011 net +56.3 percent - sustainable? - CFO - revenues - forecast - +20 percent 2012 - fuel prices - update; - Demand - outlook; - Indonesian government - spend - 3 trillion rupiah - airports 2012 - implications; - Passenger forecasts; - Fleet expansion - forecasts; - Aviation - industry - outlook - Tony Tyler - IATA Director General - views: "weak economic conditions and rising fuel costs are a double-whammy that an industry anticipating a 0.5% margin can ill-afford"; - Tyler / IATA - ending the first quarter with a "considerable amount of uncertainty"; - Europe - emissions trading scheme - implications. See omnystudio.com/listener for privacy information.