Transnusa to sign oil transport contract with Premier Oil

Airline operator PT Transnusa Aviation Mandiri plans to sign a five-year oil transport contract with Premier Oil on December 1 of this year, Investor Daily reported on Monday.

The paper quoted Transnusa President Director Juvenile Jodjana as saying the contract is worth about US$8 million per year.

He added that Transnusa, which is increasing the size of its charter flight business to 35 percent from 20 percent, and reducing the regulator flight business from 80 to 65 percent, is also planning to acquire a new ATR plane later this year. (*)