#TITLE_ALTERNATIVE#

• Main Author: FAJAR (NIM: 29109017) ; Pembimbing Ir. Uke MMP Siahaan, MBA, ADE
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/17759
• Institution: Institut Teknologi Bandung

PT Garuda Indonesia, as Indonesia flag carrier, has a plan to rejuvenate their current Boeing <br /> <br /> <br /> <br /> <br /> 737 series fleet. The company plans to replace all their Boeing 737 Classic series (300, 400, 500) <br /> <br /> <br /> <br /> <br /> to a brand new Boeing 737 New Generation with total 90 fleets in 2014. <br /> <br /> <br /> <br /> <br /> Major issue that PT Garuda Indonesia face due to incremental of 737 NG fleet is the <br /> <br /> <br /> <br /> <br /> cinreasing number of cockpit crew, which all the cockpit crews are entitled to take a simulator <br /> <br /> <br /> <br /> <br /> training seat, and PT Garuda Indonesia has none. To overcome the training needs, they have sent <br /> <br /> <br /> <br /> <br /> the cockpit crew to overseas for training. In long run, this method is considerably costly. <br /> <br /> <br /> <br /> <br /> PT Ground Support Indonesia came with business solution by providing simulator training that <br /> <br /> <br /> <br /> <br /> will held in Indonesia. By doing that, PT Garuda Indonesia may expect 40% training cost saving <br /> <br /> <br /> <br /> <br /> per year plus lesser loos time due to inactive cockpit crew during simulator traiing. <br /> <br /> <br /> <br /> <br /> This thesis focus on how PT Ground Support will run the project, start from how to financing <br /> <br /> <br /> <br /> <br /> the equity and business model options that may available : as Operator or Lessor. To decision <br /> <br /> <br /> <br /> <br /> making tools, it used Capital Budgeting technique and use Net Present Value (NPV) and Internal <br /> <br /> <br /> <br /> <br /> Rate of Return (IRR) as parameter. Eventough from the calculation PT Ground Support Indonesia <br /> <br /> <br /> <br /> <br /> must select one of the best business model, yet the other business model may be a negotiation tools <br /> <br /> <br /> <br /> <br /> with PT Garuda Indonesia. <br /> <br /> <br /> <br /> <br /> Implementation plan also presented as guidance to PT Ground Support Management to run the <br /> <br /> <br /> <br /> <br /> flight simulator project effectively and efficiently.