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GMF AeroAsia
Indonesia
2002 (23 Years)
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know GMF AeroAsia
Company Information
Get to know GMF AeroAsia
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. Back in 1984, GMF AeroAsia relocated to Soekarno Hatta International Airport and rebranded itself as the Division of Maintenance & Engineering (M&E), which developed into an outright independent business unit. Subsequently, in 1998 the Maintenance & Engineering Division transformed itself into the Strategic Business Unit (SBU-GMF), which handles all of 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 subsidiary under the name of PT Garuda Maintenance Facility AeroAsia. Furthermore, GMF AeroAsia is now rightly considered as one of the best and largest aircraft maintenance companies in the region as well as being the customer's MRO provider of choice in 2015.
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