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WKN: 897122 | ISIN: FI0009900682 | Ticker-Symbol: VAYA
Frankfurt
20.12.24
15:29 Uhr
45,800 Euro
-0,050
-0,11 %
1-Jahres-Chart
VAISALA OYJ Chart 1 Jahr
5-Tage-Chart
VAISALA OYJ 5-Tage-Chart
RealtimeGeldBriefZeit
46,50047,50021.12.
GlobeNewswire (Europe)
288 Leser
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Vaisala Group: Vaisala to modernize 14 airports in Indonesia

Finanznachrichten News

Vaisala
Press release
August 28, 2024

Vaisala to modernize 14 airports in Indonesia

Vaisala has been selected to provide a EUR 25 million project strengthening airport safety and weather resiliency in Indonesia. As an archipelagic country comprising of more than 17,000 islands, air travel is crucial for the mobility of both people and goods. Indonesia recorded more than 52 million domestic and seven million international passengers in 2022*.

Vaisala, a global leader in measurement technology, has today signed a contract with the Indonesian Agency for Meteorology, Climatology and Geophysics (BMKG), for airport weather systems and equipment to modernize 14 Indonesian airports. The contract's value is approximately EUR 25 million, making it the largest ever aviation weather project for Vaisala. The order will be booked to Vaisala's orders received once the financing agreement has been confirmed.

"Flight safety should not be a privilege. No matter where you live, you should be able to trust that your air travel is protected by modern automatic weather observation systems. This is especially true in Indonesia where the tropical climate brings in thunderstorms and other weather events that can severely affect the safety of the passengers and ground personnel alike," says Jarkko Sairanen, Executive Vice President, Weather and Environment, Vaisala.

According to information by the U.S. International Trade Administration, Indonesia is the second-fastest growing aviation market in the world after China based on its aircraft purchases and trade value. Investing on airport infrastructure is necessary to cater for the rapid development of the aviation industry in Indonesia.

"After years of cooperation, this new contract with BMKG is a significant step for Vaisala's growth in Indonesia. The order includes modern aviation weather technology, including our AviMet Automated Weather Observing SystemSILAM model that can be used for estimating movements of ash clouds from volcanic eruptions. As Indonesia is located on the Pacific Ring of Fire with estimated 80 active volcanos, this will be a significant addition to the safety of Indonesian aviation," Sairanen concludes.

The project will be funded through the Finnish Public Sector Investment Facility(PIF), an instrument governed by Finnish Ministry for Foreign Affairs and applicable for projects that comply with the United Nations' Sustainable Development Goals in developing countries. The project is estimated to run for three years and start in 2025 once the PIF loan agreement is completed and the Finnish Ministry of Foreign affairs has made the final approval for the funding.

* Records by the Indonesian Bureau of Statistics (BPS)

###

More information for the media

Katri Koponen, Communications Manager, Vaisala
Tel. +358 50 586 0262
katri.koponen@vaisala.com

About Vaisala

Vaisala is a global leader in measurement instruments and intelligence for climate action. We equip our customers with devices and data to improve resource efficiency, drive energy transition, and care for the safety and well-being of people and societies worldwide. With almost 90 years of innovation and expertise, we employ a team of over 2,300 experts committed to taking every measure for the planet. Vaisala series A shares are listed on the Nasdaq Helsinki stock exchange.

www.vaisala.com

Attachments

  • Airport in Indonesia (https://ml-eu.globenewswire.com/Resource/Download/664c73ca-c16a-4f45-aeda-c68d7c47ac7a)
  • Delegation in Indonesia (https://ml-eu.globenewswire.com/Resource/Download/94988f22-007d-49b1-83aa-776ebe930911)

© 2024 GlobeNewswire (Europe)
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