BBN Airlines Indonesia (0B, Jakarta Soekarno-Hatta) has secured funding of IDR96.1 billion rupiah (USD6.2 million) from its parent company, Avia Solutions Group. The charter startup says the investment reflects the parent entity's strong confidence in the airline's success and growth potential.
"With this support, BBN Airlines Indonesia is poised to execute the company's strategic plan to operate a fleet of 40 aircraft by the end of 2027," said Martynas Grigas, Chairman of BBN Airlines Indonesia. "We are committed to delivering more diverse and high-quality services to the aviation industry in Indonesia. Moving forward, we also plan to expand our services to the commercial flight segments."
The airline, which offers freight ACMI and charter services, currently operates a pair of B737-800(BCF)s. However, BBN recently announced that it would triple its fleet and venture into passenger charter operations by adding a single B737-400(SF) and three B737-800s. Avia also recently announced the start of a Thailand-based freighter airline in the latter half of 2024. To be called BBN Airlines Thailand, that carrier intends to commence operations with four Airbus narrowbodies.
BBN Airlines Indonesia is one of seven active cargo carriers based in that country according to the ch-aviation PRO airlines module. Those airlines are Rimbun Air, RGA-Black Stone Airlines, Raindo United Services, My Indo Airlines, Express Cargo Airlines, and Asia Cargo Airlines.
