Garuda Maintenance Facility Aero Asia Tbk. vs Jasa Armada Indonesia Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T), while Jasa Armada Indonesia Tbk. trades at Rp316 (market cap 1.67T). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 3.9× Jasa Armada Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GMFI | IPCM | |
|---|---|---|
Market Cap | 6.49T | 1.67T |
Trailing returns across standard periods
Latest headlines on both assets
Starting out in 1949, GMF AeroAsia originated as the Technical Division of Garuda Indonesia Airlines at the Kemayoran and Halim Perdanakusuma airports in Jakarta, Indonesia. In 1984, GMF AeroAsia was relocated to Soekarno-Hatta International Airport and rebranded itself as the Division of Maintenance & Engineering (M & E), which eventually developed into an independent business unit.Subsequently in 1998, the M & E Division transformed into the Strategic Business Unit (SBU-GMF), handling all Garuda Indonesia's fleet maintenance activities, thus honing its competitive edge. Eventually in 2002 SBU-GMF was spun off from Garuda Indonesia, and officially became an independent entity under the name of PT Garuda Maintenance Facility Aero Asia.GMF AeroAsia is now rightly considered as the best and biggest aircraft maintenance companies in the region, providing the excellence of integrated solutions for all customers around the world.PT. Garuda Maintenance Facility Aero Asia Tbk (the Company) was established based on deed No. 93 dated April 26, 2002 of Arry Supratno, SH, notary in Jakarta.
Read more on GMFI →PT Jasa Armada Indonesia (“the Company") was established based on Notarial Deed No. 24 dated July 10, 2013 of Nur Muhammad Dipo Nusantara Pua Upa, S.H., M.Kn., notary in Jakarta. The Company’s parent is PT Pelabuhan Indonesia II (Persero) and the Company’s ultimate parent is the Government of the Republic of Indonesia.
Read more on IPCM →