• 4 months ago
Pemerintah hingga saat ini tengah mengkaji opsi untuk membuka ruang lebih lebar bagi badan usaha lain, untuk masuk dalam bisnis penyediaan bahan bakar pesawat atau avtur di Tanah Air. Dengan demikian, nantinya PT Pertamina Persero akan memiliki kompetitor dalam memasok kebutuhan avtur di seluruh bandara di wilayah Indonesia.

Selain menciptakan iklim usaha yang lebih kompetitif di pasar bahan bakar pesawat di dalam negeri, kehadiran lebih dari satu badan usaha yang beroperasi di bandara, diharapkan bisa menjadi solusi terkait harga tiket pesawat yang dinilai masih terlalu mahal.

Meski demikian, pilihan untuk menerapkan opsi multi provider avtur bukan perkara mudah. Sebab, Pertamina selama ini telah memiliki jaringan infrastruktur untuk mendistribusikan bahan bakar avtur yang kuat, mulai dari bandara besar berskala internasional hingga bandara perintis yang terletak di pelosok negeri. Apalagi, Pertamina juga mendapat penugasan untuk menjamin ketersediaan avtur di seluruh bandara dengan frekwensi penerbangan yang tinggi sampai yang paling kecil yaitu di lokasi terpencil.

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00:00Indonesia's Aftor Multi-Provider
00:13The government is currently studying the establishment of a multi-provider of Aftor fuel in Indonesia.
00:18The policy for the business sector, in addition to stamina to provide Aftor, is expected to be able to create a competitive price and reduce the price of plane tickets.
00:31The government is currently studying the option of opening a wider space for other businesses to enter the business of providing aircraft fuel or Aftor in the water.
00:41Thus, PT Pertamina Persero will have competitors in meeting the needs of Aftor throughout the airport in Indonesia.
00:49In addition to creating a more competitive business climate in the domestic aircraft fuel market,
00:55the presence of more than one business body operating at the airport is expected to be a solution related to the price of plane tickets, which is estimated to be still too expensive.
01:03Nevertheless, the choice to apply the option of multi-provider Aftor is not an easy task.
01:08Because Pertamina so far has an infrastructure network to distribute strong Aftor fuel,
01:14starting from large international-scale airports to main airports located in the country's suburbs.
01:21In addition, Pertamina also has a task to ensure the availability of Aftor throughout the airport with a high frequency of flight to the smallest, namely in the remotest location.
01:31Meanwhile, the previous government has opened an opportunity for private businesses to enter the business of providing Aftor
01:38through the BPH No. 13 of 2008,
01:43about the regulation and supervision of the supply and distribution of aircraft fuel in one airport.
01:52Jakarta Tim Liputan, IDX Channel
02:00Yes, Prime Minister, our topic this time is the multi-provider solution to maintain the price of Aftor, which is getting more competitive.
02:06We are already connected via Zoom with Mr. Ziva Narendra, President Director of Aviation Indonesia.
02:13Hello, good morning.
02:15Good morning, Mr. Rastiaw. Good to see you again.
02:17Good morning to you too, Mr. Ziva. Thank you for your time.
02:21Again, we are talking about the energy sector, but this time it is related to BBM.
02:27Before that, your review is related to the price of BBM aircraft or Aftor in Indonesia.
02:32What is it like now?
02:36Yes, thank you again for the opportunity, Mr. Rastiaw.
02:40So, we are revisiting the old topic, so to speak.
02:43We once discussed the BBM or Aftor issue at the end of 2019,
02:47before the pandemic hit at that time.
02:50Related to the price of tickets due to the availability or supply of fuel,
02:55especially Aftor fuel worldwide at that time.
03:00So we are revisiting the old topic.
03:02This is an overview or my view on the price of Aftor in Indonesia.
03:07It is much better, more balanced.
03:09Because at the time of Mr. Jokowi's government,
03:11especially in the first term, it was to streamline or distribute Aftor
03:17in various locations, at airports all over the country.
03:21So there is no significant difference between the price of Aftor per liter
03:26or fuel for flight, especially from one airport to another.
03:31There is already a progress from the price arrangement itself.
03:36However, we know that Aftor or fuel,
03:40and also other forms of lubricants or consumables,
03:44the impact on the operational cost of the flight is quite large,
03:47as much as 48 to 50 percent.
03:50It is quite variable in price from time to time.
03:53Usually the airline adjusts the price every 14 days during the month.
03:58However, the price of Aftor per liter in Indonesia,
04:01in my opinion, is actually not too expensive.
04:06If we compare it with other countries,
04:09for example, like Singapore,
04:12Singapore is currently still below Changi Airport,
04:15like Suvarnabhumi, currently per liter in Singapore,
04:18if we convert to rupiah, is around 12,300 per liter for Aftor.
04:25Then in Malaysia, of course Malaysia as a oil producer country,
04:29is quite far below us, around 5,000 rupiah below us,
04:32which is 8,500 per liter.
04:35How about America? America is a rich country, oil producer too,
04:38but the gas price there is high.
04:40Aftor is 26,000 per liter if we convert to rupiah.
04:43So in my opinion, the overview, the drawback here is the availability,
04:48in Indonesia, especially from the supply that Bertamina can provide,
04:53and also to provide a price that can be more competitive,
04:59especially in these difficult times for the shipyard.
05:02Well, that's it. Interesting, right?
05:03The government is also studying and opening the door for other businesses,
05:06besides Bertamina, as an Aftor importer in Indonesia.
05:10Can this be a solution to how to provide a competitive Aftor price?
05:15We will discuss later in the next segment, Mas Ifah.
05:17We will take a short break.
05:18And viewers, make sure you are still with us.
05:23Mas Ifah's Interview
05:25Mas Ifah's Interview
05:27Mas Ifah's Interview
05:29Mas Ifah's Interview
05:31Mas Ifah's Interview
05:33Mas Ifah's Interview
05:35Mas Ifah's Interview
05:37Mas Ifah's Interview
05:38We will continue this interesting discussion with Mas Ifah Narendra,
05:42who is the President-elect of the Indonesian Aviation Authority.
05:45Mas Ifah, we will continue to talk about the government's efforts
05:49to open the door for other businesses, besides Bertamina.
05:54Even though we know that several years ago,
05:57wide doors have been opened,
05:59but no one is interested.
06:02What do you think?
06:05Yes, as long as the door has been opened,
06:09and Mr. Jokowi is trying to revive it,
06:11to divert investment from foreign entities.
06:16But of course, we also have to reflect on the policy
06:21that actually hinders or even becomes a hindrance in this matter
06:27to make investors or suppliers from abroad
06:31in this matter for fuel or uptour,
06:33to enter Indonesia.
06:35Because of course, the import cost is already high.
06:38The cost, I mean, for the logistics itself,
06:41is already quite high.
06:43Moreover, the import tax, which is the fiscal policy
06:46for the import of fuel.
06:48And of course, to set up in Indonesia,
06:52it requires not small facilities, right?
06:57And of course, it can't just be in one location.
07:00They have to be like the SPBU for private vehicles.
07:04It will benefit the economy in ratio
07:07if it opens in several locations.
07:09Well, this small investment must also be accompanied
07:12by a light policy to divert suppliers from abroad
07:16who want to enter.
07:17And also not affected or hindered
07:20by changes in the policy itself from time to time.
07:24Because of course, we also want to protect the market
07:28of state oil companies such as Rotamina and others.
07:31But I also think that competition will also divert the market.
07:36Not only service users like Mr. Kapai
07:39can get options, can also get interesting price choices.
07:44But also for domestic producers themselves
07:48will also be aroused to be able to compete
07:51both in terms of volume and quality.
07:54Okay, but if you also look at the implementation
07:57of this Aftur multi-provider,
07:59it can ultimately create a competitive Aftur price.
08:02So it can also benefit the world of aviation in Indonesia.
08:07But there is a saying that Aftur components
08:09also make a significant contribution
08:11to the price of tickets sold in the community.
08:14I think it will be able to divert
08:20the competitiveness we call it.
08:22It will be able to make the landscape
08:27of our fuel supply competition more interesting.
08:31But will it reduce the price drastically?
08:33I don't think so.
08:34Because it is based on the price of basic oil in the global world.
08:38And now with various conditions that are ongoing,
08:43between global conflicts,
08:45and also the uncertainty of the world economy
08:48in various major countries, including the United States and Europe,
08:52during the pandemic, there are many external factors
08:55that also affect the price.
08:57So we can't expect a plug and play,
09:00in the sense that when this multi-source or multi-provider comes in,
09:03the price will immediately go down.
09:05But of course, competition is always good for market dynamics.
09:10Okay. But from the perspective of infrastructure availability,
09:13from the observation of aviation in Indonesia itself,
09:15how is it?
09:16Because we know that Pertamina has been from large airports
09:19to small airports, they are there.
09:22Pertamina is ready.
09:24That's right. In terms of infrastructure availability,
09:26we talk about two aspects here.
09:28First, from the supply, or for example from the source,
09:31the oil source itself,
09:33where Pertamina in the last few years
09:35has been acquisitioning oil wells in various locations,
09:38from Sabang to Merauke, especially in the coast, offshore,
09:42left by the oil and gas company activities
09:46from abroad in the last few years.
09:50This also adds opportunities for Pertamina
09:55to produce more, especially for domestic supply.
09:58However, the second infrastructure, as Mr. Prasetyo said,
10:01is the availability in airports.
10:03This is still a barrier.
10:05Outside of the large airports in Indonesia,
10:08transportation is still a barrier
10:10to be able to provide afterstock or fuel.
10:14I'm not just talking about after,
10:15AFGAS is also included in the Southeast Zone.
10:17It is still a barrier, especially in the coastal areas.
10:21If we talk in Papua, for example, from Depot,
10:24for example, it is dropped from the city of Nabire,
10:28then it goes to Pelosok,
10:30as if it were to NR Rotali,
10:32it still takes quite a long time,
10:34it can take days,
10:35and there is also a risk of insecurity,
10:37as we know.
10:39The availability of this distribution
10:41is also still a barrier,
10:43so that when the availability is limited,
10:46because the logistics are hindered,
10:48the price will also be affected,
10:50because the demand also fluctuates.
10:53Yes, yes, yes.
10:54But if you look at the price itself,
10:56like BBM is one price,
10:58for AFTUR itself,
10:59it can't be evened out yet, right?
11:01The difference is less,
11:02as I mentioned in the previous segment,
11:04it is indeed more streamlined.
11:06If we compare it to 10 years ago,
11:07especially 15 years ago,
11:08at that time, the price balance could be like a different country.
11:11Okay.
11:12It's more...
11:14However, the availability,
11:16the supply is still a barrier,
11:19because not all airports are quite economical
11:21if we provide a lot of stock,
11:23because fuel also has its age,
11:25if it is overloaded.
11:27The storage is also shaped,
11:29what kind of storage?
11:30Is it just like, for example, a tank?
11:32Or is it for some kind of maintenance facilities?
11:38That also affects the economy.
11:40Okay.
11:41In addition to giving an impact or influence,
11:44related to the price of plane tickets,
11:47how about the other components?
11:49There are distance rates, taxes,
11:51mandatory insurance fees,
11:53there are also surges,
11:55which can affect the price of plane tickets that are complained about.
11:58Because this becomes a policy
12:00with complaints in the community
12:02related to the price of expensive plane tickets.
12:05That's right.
12:06And on other occasions,
12:07I have also mentioned that
12:09the additional cost component
12:11or the cost of this third party
12:13which then becomes a burden to the price of tickets
12:15which must be borne by consumers,
12:17researchers, then also other taxes.
12:22Not only the tax that is burdened to the price of tickets,
12:26but the tax experienced by the airline itself
12:28is still quite high at the moment.
12:30Like import tax.
12:32Import is the import of, for example,
12:34aircraft arrivals or spare parts.
12:36Or even goods that are consumable,
12:40as I said earlier.
12:42There are some exceptions
12:45but it is still quite significant.
12:49The tax burden can be above 15,
12:51even up to 35% in some cases.
12:54I think these policies must also be looked at again.
12:57In addition to that,
12:59costs such as passenger surcharge.
13:02Indeed, the airport is also a public facility
13:05that must generate money.
13:07I understand from there.
13:09But the cost must also be re-examined
13:12so that it is not too burdensome from the price of the ticket itself.
13:16And the last thing I want to say is
13:18in the costs involving the third party,
13:21the supplier,
13:22this must also be re-examined,
13:24especially by the price of the ticket
13:26that was shown last month.
13:28To see more deeply,
13:29how many are actually the components of the cost
13:31that actually become fat
13:33because it involves the third party.
13:36We don't see it negatively,
13:40but what are the benefits of the incentives offered by these three parties
13:45compared to buying directly?
13:48I think this will be more significant, right?
13:51Yes.
13:52A review from Aviator Indonesia,
13:54related to the cost of the ticket,
13:56which was also crowded yesterday,
13:58do you think it is already effective?
14:00Lowering the price of the ticket,
14:02or is it not felt yet?
14:04Not yet felt.
14:05And it's a bit difficult too
14:07because the burden of costs experienced by Kapai
14:09is already quite high.
14:11Not only from the operational cost,
14:13but also from other variables,
14:15such as the cost of third party,
14:17ground handling,
14:19and so on.
14:21Okay.
14:22So, how effective will it be
14:24if there is an effort to attract other business bodies
14:27besides Pertamina
14:29to be able to provide a price that is competitive
14:31with the price of Aftur,
14:32but there are still many other components
14:34that also burden Kapai,
14:35so the cost of the plane ticket is not much different.
14:38That's right.
14:39Unfortunately, there is also one factor
14:41that we cannot avoid,
14:43which is the costs issued by Kapai
14:46or Kost
14:47are still issued in the form of US dollars, mostly.
14:52Okay.
14:53But then the income,
14:55especially from domestic tickets,
14:57we still get Rupiah,
14:58while our current exchange rate
15:00is still close to 16,000,
15:02at 15,800.
15:05And as long as the condition,
15:06the condition in Indonesia cannot be changed,
15:08it is a bit difficult to change
15:09because we get it from Rupiah.
15:11But there are actually a lot of costs,
15:15but I think one of the opportunities
15:17is in the policies that burdened earlier,
15:21especially from taxes.
15:23Okay.
15:24So, how do you see the future
15:26of the aviation industry,
15:27related to the availability of fuel,
15:31Aftur,
15:32which in the end there is not even one,
15:35even though the government has said
15:38to open it for a long time,
15:39but there is no one involved.
15:41What do you think, Mr. Jusif?
15:43I see it as our journey is a bit long.
15:46I don't say it's impossible.
15:48Okay.
15:49Long.
15:50Because one more thing,
15:51Aftur fuel is a fairly large component
15:54in airplane operations.
15:56Then in the end it will affect the price of the ticket.
15:59However, our journey is a bit long
16:01because there are regulation doors
16:03that must also be reexamined.
16:05Then the policies I mentioned earlier,
16:07such as imports,
16:08and incentives are also not wrong to be seen.
16:12What incentives are provided
16:13to multi-providers from abroad, for example.
16:16Because they also expect stability
16:18to be able to run businesses
16:20for a long time.
16:22I think our journey is still quite long.
16:25But what about the price of Aftur itself?
16:28What if the domination comes from Pertamina?
16:31Even though we know there are limits
16:33for determining the price of Aftur itself,
16:35from the Ministry of National Defense, for example.
16:38That's right.
16:39And I think there is still room
16:41to push the price,
16:43but not too much.
16:44Because we also have to say
16:46the fact is that the oil price
16:49around the world is quite high right now.
16:51And this is not only experienced in Indonesia.
16:54But as I said earlier,
16:55the price of Aftur from country to country,
16:58some examples I gave earlier,
17:00the difference is not too far.
17:02Indeed, if we want to reflect to Malaysia,
17:04the difference is quite far.
17:05Maybe that's one of the exercises
17:09we can do.
17:10How can Malaysia use such a high price?
17:13That's right.
17:14So where is the bottleneck
17:16if you look at Indonesia's inventory?
17:18Yes, the production cost,
17:20then the distribution too,
17:22and the price policy itself
17:24maybe from the margin,
17:26I don't really understand the techniques.
17:28Of course, the distribution cost is quite high.
17:33Okay. What else do we know?
17:35Portamina has also got a mandate
17:38as a BUMN company
17:40that has serviced the distribution of Aftur,
17:43from the highest flying frequency routers
17:46to the main airports
17:49located in remote locations.
17:52Maybe this will be difficult to find a competition,
17:57isn't it, Mr. Jiva?
17:58If we talk about how to maintain availability
18:01or the Aftur team itself in Indonesia.
18:05Yes, if I say, I always support the existence of competition
18:09and also market competition.
18:10I also don't, I don't,
18:13I think the monopoly will not be healthy
18:16for a long time.
18:18Okay.
18:19Because it brings benefits to the end user.
18:22If monopoly doesn't bring benefits to the end user,
18:25then what's the use of monopoly, right?
18:27So, I really support
18:29if there is an opportunity for providers or suppliers
18:32from abroad,
18:34but there are obstacles,
18:36we have to re-examine it.
18:38So that it's not just,
18:40what's the use if there are a lot of providers,
18:42but the price is all more expensive than Portamina.
18:44Okay.
18:46But is it possible, isn't it,
18:47if there are a lot of providers,
18:49the price is more competitive,
18:51but on the other hand,
18:52as they have to build a system,
18:54build a network,
18:55the price can't be the same.
18:57Is it possible?
18:59It's possible.
19:00But back to the supply,
19:02when the demand is quite high,
19:04maybe users or suppliers
19:06will have a price tolerance up to a certain percentage.
19:09So, choosing a slightly more expensive price
19:11with a clear quality,
19:13and also other components,
19:15so they will move to a more expensive price.
19:18Just like we choose BMW for the car,
19:20it's okay if it's a little expensive,
19:22as long as the car is better,
19:23the SPBO is better,
19:25and then the quality is better, right?
19:27So, the price is not the only determining factor for the consumer.
19:32Okay, that's it.
19:33Some interesting analysis,
19:35related to how to create a climate,
19:40an investment climate,
19:41a business climate in the after-Indonesia industry.
19:44So, the more competitive it is,
19:46the wider the impact.
19:48So, the price of the ticket can go down,
19:50and then the service will be more competitive, of course.
19:53What is benefited,
19:54what is expected,
19:55is the consumer as well,
19:56from the users of the airline in Indonesia.
19:58Mas Diva, thank you very much for your time,
20:00sharing and also the information
20:02that you have conveyed to the audience today.
20:04Good luck with your activities again.
20:06Stay healthy, Mas Diva.
20:10Well, viewers,
20:11I have accompanied you for an hour in the market review,
20:14and continue to share your information only on IDXNL,
20:17Your Trustworthy and Comprehensive Investment Reference.
20:20Don't forget to watch the First Session Closing program,
20:22which will air at 11.30 p.m. WEST INDONESIA.
20:25Because the business of the future must move forward,
20:27I am Investor Saham.
20:29I am Prasetyo Wibowo.
20:31Goodbye.
20:33See you.

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