PT Regio Aviasi Industri, Indonesia November 2015
The Regioprop R-‐80
New Genera3on Turboprop
REGIONAL TURBOPROP
Background
PT Regio Aviasi Industri (RAI) was founded by HE BJ Habibie in 2012 to design, develop, and manufacture a type-‐cer3fied, twin engine 80 -‐90 pax regional turboprop, the R80.
The R80 is designed for low opera3ng economics, high reliability &
maintainability, excellent passenger comfort, advanced avionics, low pilot workload and comply to the world airworthiness standards, to serve Indonesian as well as Interna3onal markets.
The R80 will be designed to enter the market in 2021.
PT REGIO AVIASI INDUSTRI (RAI)
The People That Will Make It Happen Board of Commissioners
BJ Habibie Chairman
Ilham A. Habibie Vice Chairman 2
Ery Firmansyah
Vice Chairman 1
The People That Will Make It Happen
Agung B. Ismadi Director of Business and Administra3on
Agung Nugroho President Director
Rahayu S Arifin Corp Secretary
Harry Wiguna Director of Finance
Tjahjo karUko
Director of Technology
Board of Directors
Vision & Mission
• To become a leading global aircraW OEM with a porZolio of aircraW and related services;
• To achieve sustainable growth through mee3ng market and customer requirements, and to see these concepts through to flight;
• To contribute to the development of na3onal and interna3onal aerospace business, and thereby s3mula3ng domes3c GDP growth in Indonesia.
Vision
• Firstly, to develop a sustainable and profitable aircraW manufacturing business, which upholds good governance principles;
• Secondly, to develop compe33ve regional aircraW products in its target market segments both in terms of technology and economics;
• Lastly the purpose of RAI is to develop na3onal, regional and interna3onal partnerships in the aerospace sector.
Mission
Vision, Mission, and Strategy
Ø To fill a gap in the market with regards to customer needs that are not currently being met by the compe33on.
Ø To maximize the lessons learned from previous experience to develop a new product, while implemen3ng the state-‐of-‐the-‐art technology brings compe33ve values to the product.
Ø To build the right ecosystem around the aircraW plaZorm to make it successful and to increase value of the program.
Ø To use Indonesia as the launch plaZorm for the program but quickly going to the interna3onal markets aWer.
RAI’s strategy is………
Vision, Mission, and Strategy
Market Opportunity Assessment, World Market
Source: RAI and Frost & Sullivan
60-‐89 seat demand is expected to be aaract a total of 1715 aircraW.
90-‐120 seat market is expected to open up in the next decade with current players developing market.
404
1715
1147
30-‐59 Seats 60-‐89 Seats 90-‐120 Seats
Turboprop deliveries by Seats 2013-‐2032
Indonesia’ GDP growth rate coupled with a large popula3on with an increasing disposable income is and will drive the requirement for avia3on.
Source: The Worldbank
• Indonesia’s GDP has grown consistently over 5% in the last 20 years
• Indonesia shows tremendous poten3al for avia3on – one of the largest avia3on growth, and yet only 6% of its 250 million popula3on have ever flown!
4,78 5,03 5,69 5,50 6,35 6,01 4,63
6,22 6,17 6,03 5,58
0 1 2 3 4 5 6 7
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
GDP Growth (%)
Year
GDP Growth of Indonesia 2003 -‐ 2013
0 10.000.000 20.000.000 30.000.000 40.000.000 50.000.000 60.000.000 70.000.000 80.000.000
2003 2005 2007 2009 2011 2013
Passenger Traffic
Year
Air Traffic Passenger Growth Indonesia (2003 -‐ 2013)
Average growth 15% per annum for 10 years
Source: Ministry of Transporta?on, Indonesia
Market Opportunity Assessment
30 [SERIES NAME]
[VALUE]
New Deliveries
270 298
2013 Fleet 2013-‐2032 2013-‐2032 2032 Fleet
Indonesia Fleet ProjecUons, 60-‐120 Seats (2012-‐2031)
Fleet CAGR 12.2%
• The current turboprop fleet is very small. However as the economy has bloomed in the last decade, the requirement for air travel has been growing;
• Air travel is the only feasible travel op3on for many islands in the archipelago country;
• Routes are short enough to be covered economically by a turboprop.
The demand for turboprops in Indonesia is 270 aircraWs in 20 years. RAI is in an ideal posi3on to serve this market.
Market Opportunity Assessment
Source: Frost & Sullivan, 2013
CompeUUve Analysis
Q400 flies at a cruise speed of 360 knots which is 90 knots faster than ATR. It also boasts of a noise reduc3on technology and increased passenger comfort
611
439
80 221
36
210 $11,2 $11,9
$1,0
$-‐
$2,0 $4,0 $6,0 $8,0 $10,0 $12,0 $14,0
0 100 200 300 400 500 600 700
ATR 72 Q400 MA60*
Deliveries Orders Sales Value ($ Billion)#
ATR and Q400 deliveries and orders, 2013
• ATR has a significant backlog of orders occupying their produc3on capacity for 3 years;
• The average DOC of Q400 is slightly higher than that of ATR (ATR has the least fuel cost, however due to older fleet has higher maintenance cost. The total cost is
marginally in favour of ATR);
• MA60 is known to have safety concerns.
* -‐ order announcements of MA60 are unreliable as most airlines which
allegedly have ordered are from China * -‐ Average price of ATR72, Q400 and MA60 is $18.25,
$27 and $12.5 million respec3vely
CompeUUve Analysis
Bombardier and especially ATR are the main compe3tors for this program though other countries such as India and Korea have poten3al programs
50 70 90 110 130 150
ARJ 21-700 ARJ 21-900
MRJ 70 MRJ 90
Superjet 100/75 Superjet 100/95
ERJ 145
EMB 170
EMB 175
EMB 190
EMB 195
CRJ 700 CRJ 900
CRJ 200 CRJ 1000 C Series
In Service Turboprops
Under Development
Seat Capacity
F&S Analysis
ATR 42 ATR 72
Q400 Ilyushin Il-114
Segment of interest to RAI
R80 Concept
High Payloads
Low Direct OperaUng Cost Quick Turn Around Time
Efficient Engine
Op3mum Structure design
Easy Maintenance & High Dispatch Reliability
Excellent Passenger Comfort
Fly by Wire Flight Control System Modern Cockpit Design
R-‐80 SpecificaUons and PosiUoning
The R-‐80 has been designed for easy maintenance, high dispatch reliability and a longer interval for AC checks, and will use latest/ up-‐coming technologies
The R-‐80 is posi3oned closer to the ATR 72, but with more capacity, and retains some of the flexibility that a Dash 8-‐Q400 has in terms of speed, but not range
R-‐80 SpecificaUons and PosiUoning
ATR[Y VALUE]
Q400 Q400 High
Density R[Y VALUE] -‐
80 Pax R80 -‐ 92 Pax
CRJ 700 MRJ 90
ERJ 170 ERJ 175 CRJ 900
SSJ100
70 75 80 85 90 95
250 300 350 400 450 500 550
Seat Capacity
Speed (Knot)
Regional Turboprop & Turbojet Seat Capacity Vs Speed
Regional Turboprop Regional Jet
ATR[Y VALUE]
Q400 Q400 High
Density R[Y VALUE] -‐
80 Pax R80 -‐ 92 Pax
CRJ 700 CRJ 900
ERJ 170 ERJ 175
MRJ 70
MRJ 90 SSJ100
70 75 80 85 90 95
250 750 1250 1750
Seat Capacity
Range (Nm)
Regional Turboprop & Turbojet Seat Capacity Vs Range
Regional Turboprop Regional Jet
8,780 kg
7,600 kg
0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 9.000 10.000
0 200 400 600 800 1.000 1.200 1.400 1.600 1.800 2.000
Payload (kg)
Range (nm)
MA60 DASH8
R80
ATR72
Payload Range Comparison
Worldwide Partnership
R80 is a b2b program, partnering with Indonesian Strategic Industry, PT Dirgantara Indonesia (Indonesian Aerospace). Government support will be in the industrial infrastructure aspect and regula3ons.
Indonesian &
Interna3onal Suppliers
Indonesian &
Interna3onal Suppliers PTDI + other
industrial partners MRO
Strategic Industries
Parts Manufacturing
AircraW Manufacturing
Programme Stake Holders Govt/
Ins3tu3ons
Leasing
Interna3onal & Tier 1, 2, 3 Suppliers
Vendor Items
Forecasted Sales and Launch Customers Signing Leaer Of Intent 145 units R80.
NAM Air
orders 100 Aircraes
Kalstar AviaUon orders 25 Aircraes
Trigana Air Service orders 20 Aircraes
PotenUal Launch Customers
RAI is currently in discussions with poten3al launch partners in Indonesia showing posi3ve response, and there may newcomers on the block.
First Step : Target Local Indonesian Market
Indonesian Market Interna3onal Market
Aerospace Ecosystems
20
Angkutan Udara
Air Naviga3on AircraW
Maintenance
Educa3on and Training
Airports
RegulaUon and Policies
• Safety
• Industry
• Educa3on
• Finance
AircraW Manufacturing Airspace
Aircra& Industry Value Chain
21 Research
Ins3tu3ons Cer3fica3on
bodies
Universi3es
Vendor/
Supplier
Customer Financing
Engine
Sistem kendali
Avionics
industrie Electrical power industries
Mechanical SYstem
Cockpit
Airframe AircraW
material Indon.
Partner
Indon.
Partner
Indon.
Partner
Indon.
Partner
Human Capital Enabler
AircraW industries value chain
AircraW Development
Program
Industry enabler
Airport
Economic Growth
High End workforces opportun3i
es
Connec 3vity
Air transport
Indon.
Partner
R80 Program &
New Airport of West Java
ExecuUon plan
RAI’s execuUon plan will take it about 4 years from now to see first flight
O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
2022 REGIOPROP R80 Program Master Phasing Plan
2016 2017 2018 2019 2020 2021
2014 2015
2022
2014 2015 2016 2017 2018 2019 2020 2021
Fase 2.4 CERTIFICATION Fase 2.1 PREPARATION Fase 2.2 DETAIL Fase 2.3 PRODUCTION
DESIGN Fase 3.1
COMMRSL Fase 2.2 JOINT
DEV. PROG
ROLL OUT P#1
FIRST FLIGHT
P #1 FIRST FLIGHT
P #2 GrantedT/C
Raw Material Major Component
Long lead Items
Serial Production Aircraft
S/N 001 Start Del.
Ground Test Wind Tunnel Test
DOA
Application TC
Application
T/C Granted Experimental
C of A Fase 1. Feasibility
Stdy & Design
Aircraft Sales Contract Vendor /
Sub Con Contract Start
1st Aircraft Delivery
2nd Aircraft Delivery 3r d Aircraft Delivery Flight Test
IPO
Tools and Jigs DPM
Flight Simulator and Iron Bird PDR 2
FAL Facility
CDR
FLIGHT TEST Facility PDR 1
ENGINEERING (Structure & System Design)
MATERIAL PROCUREMENT
FACILITY (Hangar)
PRODUCTION
CERTIFICATION
BUSINESS & MARKET
Conseptual Design Prep. for detail design Joint Dev. Prog. Detail Design
FAL
Pre FAL Prototype #1&2
TA 3 Static Test TA 4 Full scale Fatigue Test
TEST
