Close
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 Continues to Operate in the Black
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 Continues to Operate in the Black

Garuda Expects Profits to Double in 2008.


Bali News: Garuda Continues to Operate in the Black
Click Image to Enlarge

(10/11/2008)

Garuda Indonesia is targeting a net profit of Rp. 518 billion (US$55.1 million) for the year 2008, an increase of 100% over the Rp. 259 billion profit booked in 2007.

The CEO of Garuda, Emirsyah Satar, told Bisnis Indonesia that he is optimistic that the targeted profit can be achieved against forecasted income for the year of Rp. 17 – 18 trillion (US$1.86 billion).

Satar said, "the increase in income is mainly due to services operated domestically and regional routes in Asia."

Airplanes on Order

Satar confirmed that Garuda has ordered 50 Boeing 737-800, four of which have already arrived in Indonesia and entered into service. 2 more new planes are scheduled to arrive before year's end with another 20 expected to enter service in 2009.

While the Boeing 737-800 aircraft are earmarked for domestic and regional routes, Garuda has also ordered 10 new Boeing 777 aircraft slated to begin flying to Europe in 2010.

Garuda's new aircraft are being obtained via sale-lease agreements with plans to re-open flights to Amsterdam and London once the current black-listing of Indonesian-registered aircraft is lifted by the European Union.


© 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
The Yak Awards 2014
‘A Decade of Decadence’ Party at Mozaic Beach Club Marks the 10th Annual Yak Awards
(11/17/2014)
You’re One in Three or Four Million
Bali by the Numbers: Bali Now Almost Certain to End 2014 with 3.75 million Foreign Visitors
(11/17/2014)
The Very Bare Necessities
Minimum Wage Levels for Bali Announced for 2015
(11/20/2014)
How You Going to Keep Them Down on the Farm
Large Downturn in Balinese Working in Agricultural Sector.
(11/17/2014)
And the Verdict is . . .
Two Men Charged with February Murder of American Paul Latourell Facing Potential prison Sentences of 15 and 3 Years
(11/17/2014)
Bali Safari Marine Park Celebrates 7th Anniversary
The Bali Safari and Marine Park celebrates 7th anniversary on Thursday, November 13, 2014.
(11/17/2014)
President Widodo Pauses in Paradise
Indonesian President Joko Widodo Makes a ‘Transit Stop’ in Bali on his way to the G-20 Summit in Brisbane
(11/17/2014)
Philippine Taxi Drivers in Bali?
Governor Pastika Concerned that Workers in Bali May be Unable to Compete Under Free Movement of Workers Between ASEAN Countries Starting in 2015
(11/17/2014)
The Rupiah Rules
Airline Tickets Agents, Hotels and Restaurants in Indonesia Required to Transact Their Business in Indonesian Rupiahs
(11/17/2014)
Profits Disappearing into Thin Air
Q3 2014: Garuda Indonesia Loses US$219.5 million
(11/17/2014)
A Case of Reverse Thrust
Garuda Indonesia Flight Cancelled from Banyuwangi to Bali as Aircraft Rolls Backward Off the Runway
(11/17/2014)
Raising Indonesia’s Aviation Game
Minister of Transportation Says Indonesia will Take Steps to Comply with Highest Aviation Standards of FAA and ICAO
(11/17/2014)
All [News]!