Indonesia`s Aviation Industry Growth Second Biggest After China

The growth of Indonesia’s aviation industry is the second biggest in the world after China, according to Chairman of the Indonesia Aircraft Maintenance Services Association (IAMSA) Richard Budihadianto.

"Growth of China’s aviation industry is the fastest, followed by Indonesia and India,” Richard said in Jakarta on Friday.

According to Richard, the growth is measured by the order of aircrafts from the three countries every year and the increase in the business value of their aviation businesses.

In terms of business value, Richard said that Indonesia’s aviation industry is now worth US$ 1 billion and is expected to grow by around 10 percent in the next five years.

REFERENCE:

http://en.tempo.co/read/news/2016/12/03/056825145/Indonesias-Aviation-Industry-Growth-Second-Biggest-After-China