Garuda Maintenance Facility Aero Asia Tbk. vs Prima Cakrawala Abadi Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T), while Prima Cakrawala Abadi Tbk. trades at Rp39 (market cap 45.5B). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 142.6× Prima Cakrawala Abadi Tbk.'s market cap. Which is the better fit depends on your goals.
| GMFI | PCAR | |
|---|---|---|
Market Cap | 6.49T | 45.5B |
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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 →The Company was established with the name of PT Prima Abadi is a limited company that was established based on the deed of establishment Limited Company PT Prima Cakrawala Abadi No. 111 issued on January 29 2014. The Articles of Association of the company has been experiencing some changes, the updated was the Decision of the Shareholders No. 20 issued on September 19, 2017. The company started commercial business activities in the year 2014.
Read more on PCAR →