Airline

Strong growth for Garuda Indonesia

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Strong growth for Garuda Indonesia

Garuda Indonesia has posted income of US$145.4 million in 2012 compared with US$72.7 million in 2011. Net profit was up by 72.6% to US$110.8 million from US$64.2 million in 2011. Passenger numbers increased by 19.6% with 20.4 million carried during 2012.
Bagus Y. Siregar, Vice President for Garuda Indonesia Australia and SWP said: “We are seeing a rapid increase in passenger numbers due to the ongoing increase in flight frequencies, and the introduction of more convenient and direct services for the passengers in this region.
“We foresee these strong figures continuing in 2013, especially with the launch of new services for the whole region such as our daily service from Melbourne to Denpasar which started this month. We are also proud to launch a new direct Perth – Jakarta service for the first time on 28th June, as well as the momentous re-introduction of Brisbane – Denpasar services in August. It’s going to be a very exciting year for us and these figures show we are making great progress towards becoming a five star carrier.”