With the vastness of the archipelago and the low number of operating aircraft, aviation industry players need significantly to increase aircraft numbers to ensure connectivity, which is one of the main pillars supporting economic growth in Indonesia. Operating aircraft currently range from 450 to 500 which is a significant reduction from the approximately 800 aircraft operating pre COVID-19. One of the major aircraft manufacturers predicts that Indonesia will need more than one thousand new aircraft in the next two decades (based on strong passenger traffic growth of around 7.4% per year, or more than double the global average growth). Last month, a new airline began operating domestic routes (passenger and cargo) with 6 aircraft in its fleet. Several other local airlines also continue to bring in new aircraft every year. It is anticipated that there more new local airlines will be set up next year. Aviation insurance premiums are expected to continue to grow in line with the increasing number of aircraft operating in Indonesia.