Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Garuda Turns a Profit
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Garuda Turns a Profit

More Passengers and Higher Load Factors Bring Out the Black Ink at Indonesia's National Air Carrier.


Bali News:
Click Image to Enlarge

(11/3/2007)

Tempo Interaktif reports that Garuda Indonesia created a profit of Rp. 218 billion (US$23.7 million) in the period January-September 2007, an increase of 150% over the same period in the preceding year. Garuda suffered a loss of Rp. 436 billion (US$47.39 million) in 2006.

"Current results are a good step, while over the past three years Garuda always suffered losses," explained Garuda Chief Executive Officer, Emirsyah Satar.

Emirsyah is very optimistic that Garuda's profitability will continue to improve through the end of 2007, pointing out that "the second semester is peak season." The Indonesian national flag carrier has also managed to improve its cash flow, achieving US$919 million or a 17% improvement over the US$786 cash flow of January-September 2006.

Passenger load factors have also improved at Garuda Indonesia by approximately 10%. Average passengers loads January-September 2007 stood at 78%, up from the 71% recorded in the same period the year before. During the same period, total passengers carried hit 6.1 million, up from 5.6 million in the first three quarters of 2006.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Law Enforcement is the Key
Bali Governor Tells Conference on Investment that Clear Rule of Law and Simplified Procedures Crucial to Economic Growth
(2/26/2017)
Uninspired Environmental Destruction
Police Seize Four Turtles from Taman Inspirasi Mertasai in Sanur Bali
(2/26/2017)
Seeing Stars in Bali
Four Season Bali and The Ayana Villas Wins Coveted Stars from the Forbes Travel Guide
(2/26/2017)
A Bali Adventure in Compassion
Bali Adventure Tours Comes to the Rescue in Songan Helping Landslide Victims
(2/26/2017)
Power Sharing
PLN Bali Has Sufficient Power Surplus for the Coming Few Years
(2/26/2017)
Nothing Above a Whisper, Please
Hindu Leaders Remind Public to Stay Home and Stay Quiet on Nyepi Day, Tuesday, March 28, 2017
(2/26/2017)
A Death Unexpected
65-year-old American Expatriate, John Thrasher, Found Dead in his Candidasa, East Bali Villa
(2/26/2017)
Tax as a Target
Bali Governor Wants Price Controls on Bali Hotels
(2/25/2017)
Close Every Door to Me
Sriwijaya Flight from China to Bali Returns to Guangzhou to Close a Door
(2/25/2017)
Connecting Communities Through Film
BALINALE Bali International Film Festival September 24-30, 2017
(2/26/2017)
Royals to Annoy All in Bali?
Bali Police Promise Extraordinary Security During Visit of Saudi Arabian King March 4-9. 2017
(2/25/2017)
When Your Girdle is Killing You
South African Woman Caught at Bali Airport with 1.1 kilograms of Methamphetamines Stashed in her Corset
(2/26/2017)
All [News]!