Inp.polri.go.id - Jakarta. Indonesia’s sovereign wealth manager Danantara confirmed on Tuesday (16/9/2025) it is reviewing a potential merger between state-owned airlines Pelita Air and Garuda Indonesia to optimize assets and improve operational efficiency.

“The point is to make operations more efficient, increase productivity, and optimize existing assets from flight hours to aircraft parts and beyond. Everything is under evaluation,” Danantara CEO Rosan Perkasa Roeslani told reporters at the Presidential Palace, as reported by antaranews.com.

Pelita Air, a subsidiary of state energy company PT Pertamina, may be merged with Garuda Indonesia as Pertamina focuses on its core oil and renewable energy businesses. Danantara is overseeing the consolidation roadmap, which includes merging non-core subsidiaries in insurance, healthcare, hospitality, and property under Patra Jasa.

Separately, PT Pertamina also plans to merge its refining, shipping, and trading arms, namely  KPI, PIS, and PPN, by the end of 2025 to respond to global margin pressures and rising refinery competition.

(mg/inp/pr/rs)