Cardig Group

What Cardig Group does

Cardig Group (legal entity PT Cardig International) is a privately-held Indonesian investment holding company headquartered in Jakarta, operating a diversified portfolio across aviation support, logistics, and property sectors. The group's business is executed through more than ten subsidiaries and joint ventures covering the full aviation services stack: ground handling (PT Jasa Angkasa Semesta), line maintenance (PT JAS Aero Engineering), aviation security and cargo inspection (PT Cardig Garda Utama), cargo airlines (PT Cardig Air), passenger airlines (PT Mandala Airlines), in-flight catering (PT PMAD), aviation training (Jakarta Aviation Training Center), and sub-holding PT Cardig Aero Service Tbk. Logistics is delivered through PT Cardig Express Nusantara (integrated logistics and domestic freight forwarding under the UN X CEN Logistic brand) and a 1996 joint venture with UPS International (PT UPS Cardig International) for international express courier and supply chain solutions. PT Cardig International also maintains a dedicated Property & Investment division that develops and acquires early-stage opportunities.

The company was founded in 1973 by retired Indonesian Air Force officers through the Air Force Group foundation as PT Cardig Air, originally an airlines warehouse operator. It was reorganized into a holding company structure in 2003 under PT Cardig International, with subsequent acquisitions expanding the portfolio through the 2000s and 2010s. The group is currently managed by the second generation of founders alongside professional management, with no external institutional investment or public listing disclosed.

The revenue model combines professional services fees (regulated aviation security and ground handling), transaction fees (integrated logistics and freight forwarding via Cardig Express Nusantara and the UPS JV), and licensing/royalties-style returns from property investment management. The go-to-market is enterprise direct sales targeting airlines, airports, and logistics clients in Indonesia, with global reach limited to the UPS joint venture for international courier services. The core technology is described as a holding company platform managing diversified portfolio companies — there is no proprietary software product or disclosed AI/data capability. Pricing is not publicly disclosed, consistent with B2B enterprise contracting.

Name

Cardig Group

Legal name

PT Cardig International

Website

https://cardig.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Cardig Group is a privately-held Indonesian investment holding company operating a diversified portfolio across aviation support, logistics, and property sectors through more than ten subsidiaries serving enterprise clients including airlines, airports, and freight forwarders in Indonesia.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Property Investment Management: Cardig International creates value through development and/or acquisition and strategic management of early-stage opportunities with compelling concepts, good management, and significant growth potential, offering wide range of solutions for partners.
2. Aviation Security and Ground Handling Services: PT. Cardig Garda Utama provides regulated agent services, aviation security, VIP security escort, general support staff, and cargo/mail inspection services with certified personnel.
3. Integrated Logistics and Freight Forwarding: PT. Cardig Express Nusantara provides integrated supply chain transportation from origin to end user with worldwide agents. PT. UPS Cardig International JV provides international express courier and supply chain management solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Cardig Group is a Jakarta-based investment holding company that manages a diversified portfolio of subsidiaries across aviation support, integrated logistics, and property investment. Through its operating companies, the group delivers aviation security and cargo inspection, ground handling, line maintenance, cargo and passenger air services, in-flight catering, domestic courier and freight forwarding, international express courier (via UPS joint venture), and property development and investment services primarily to enterprise clients in Indonesia.

Product overview

Cardig Group is an investment company in aviation support and logistics operating through multiple business units and subsidiaries. The portfolio includes: PT Cardig International (properties and investment holding), PT Cardig Express Nusantara (integrated logistics and freight forwarding), PT UPS Cardig International (joint venture providing international express courier and supply chain solutions), PT Cardig Garda Utama (aviation security and cargo inspection), PT JAS Aero Engineering (line maintenance), PT Cardig Air (cargo airlines), PT Mandala Airlines (passenger airlines), PT PMAD (in-flight catering), and Jakarta Aviation Training Center (aviation training). The group also established PT Cardig Aero Service Tbk as a sub-holding for aviation support operations in 2009.

Differentiator

Problem solved

Functional benefit

Brands

• UN X CEN Logistic: Logistics brand under Cardig Express Nusantara
• AVSEC Ground Handling

Products and services

• PT Cardig International - Properties & Investment Property investment division that creates value through development and/or acquisition and strategic management of early-stage opportunities with compelling concepts, good management, and significant growth potential.
• PT Cardig Express Nusantara - Integrated Logistics Integrated logistic service provider offering supply chain architecture with integrated transportation from origin to end user, supported by experienced personnel and worldwide agents.
• PT UPS Cardig International - International Express Courier Joint venture with UPS International providing supply chain solutions, operating as part of a global package delivery network with international express courier capabilities.
• PT Cardig Garda Utama - Aviation Security & Ground Handling Aviation security and business process outsourcing services providing regulated agent services, aviation security, VIP security escort, general support staff, and cargo and mail inspection for aircraft transport with certified security personnel.
• PT JAS Aero Engineering - Line Maintenance Line maintenance services for aviation support provided to airline operators.
• PT Jasa Angkasa Semesta - Ground Handling Ground handling service provider for airlines operating in Indonesia.
• PT Cardig Air - Cargo Airlines Cargo airline service operated for the transportation of goods.
• PT Mandala Airlines - Passenger Airlines Passenger airline service acquired to expand the group's aviation operations.
• PT PMAD - In-flight Catering In-flight catering services supplied to airline operators.
• Jakarta Aviation Training Center Aviation training center providing aviation-related education and certification services.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UPS International (PT. UPS Cardig International JV)coreStrategic or Co-development Partner · 1 January 1996Joint venture partnership established in 1996 between Cardig Group and UPS International for international express courier operations. PT. UPS Cardig International operates as an international express courier leveraging the UPS global brand and network for supply chain solutions.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• JNE Express: Indonesia's largest domestic courier and logistics company, comparable to Cardig Express Nusantara and the UPS Cardig International JV in domestic and international parcel delivery, freight forwarding, and supply chain solutions for the Indonesian market.
• PT Gapura Indonesia Group: Indonesian aviation ground handling and airport services group, directly comparable to Cardig's PT Jasa Angkasa Semesta and PT Cardig Garda Utama subsidiaries in serving Indonesian airlines with ground handling, security, and cargo inspection services.
• Lion Air Group: Indonesian aviation group combining passenger airlines (Lion Air, Batik Air, Wings Air) with MRO and ground support, comparable to Cardig's airline subsidiaries (Cardig Air, Mandala Airlines) and aviation support portfolio in the Indonesian market.
• PT Aerofood Indonesia (Aerofood ACS): Indonesia's leading in-flight catering and aviation hospitality provider, directly comparable to Cardig's PT PMAD catering subsidiary in serving Indonesian and international airline customers with catering and airport hospitality services.

Broad incumbents

• Astra International: Indonesia's largest diversified conglomerate with interests in automotive, financial services, logistics, and heavy equipment, comparable to Cardig Group as a multi-vertical Indonesian holding company with B2B operating subsidiaries.
• Sinar Mas Group: Indonesian diversified conglomerate with aviation, logistics, property, and financial services interests, comparable to Cardig Group as a privately-held multi-vertical Indonesian holding company operating across aviation support, logistics, and property.
• Garuda Indonesia (Persero): Indonesia's flag carrier with a full aviation services subsidiary stack (ground handling via Gapura, catering via Aerofood, MRO), comparable in scale and scope to Cardig's vertically integrated aviation services portfolio.

Regional players

• Samudera Indonesia: Indonesian-listed logistics, shipping, and freight forwarding conglomerate, comparable to Cardig Express Nusantara in freight forwarding, supply chain, and integrated logistics services across Indonesia and regional trade lanes.
• PT Pelayaran Nasional Indonesia (Pelni): Indonesian state-owned shipping and logistics operator providing integrated cargo and passenger transport nationwide, comparable to Cardig's logistics arm in providing freight transportation and supply chain services across the Indonesian archipelago.

Emerging players

• SiCepat Ekspres: Fast-growing Indonesian tech-enabled courier and logistics company serving e-commerce shippers, comparable to Cardig Express Nusantara in domestic parcel and freight forwarding, though differentiated by digitally-native operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cardig-logistic-solutions

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cardig Group