Garuda Maintenance Facility Aero Asia Tbk. vs Sona Topas Tourism Industry Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T), while Sona Topas Tourism Industry Tbk. trades at Rp2,270 (market cap 1.5T). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 4.3× Sona Topas Tourism Industry Tbk.'s market cap. Which is the better fit depends on your goals.
| GMFI | SONA | |
|---|---|---|
Market Cap | 6.49T | 1.5T |
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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 Sona Topas Tourism Industry Tbk (the Company) was established based on notarial deed No.56 dated August 25, 1978 of Djonny Imam Soedjono for Edison Sianipar SH, under the name of PT Sona Topas Group. PT Sona Topas Tourism Industry Tbk has focused on providing tourism related services. The Company became a public listed company in July 1992 when it made an IPO and currently, all its 165,600,000 shares are traded on the JSX. The Company’s commercial operations started in 1980.
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