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 · Revenues and Profit Increase for Garuda in 2008
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

Revenues and Profit Increase for Garuda in 2008

Garuda CEO Announces Stronger Financial Performance Despite Declining Load Factors.


Bali News:
Click Image to Enlarge

(3/6/2009)

Bisnis.com reports that Garuda Indonesia has booked a turnover of Rp. 18.1 trillion (US$1.6 billion) in 2008, an increase of 38.1% when compared with income totals in 2007 of Rp. 13.103 trillion (US$1.17 billion).

The strong income performance was revealed by the President and CEO of Garuda, Emirsyah Satar, at a luncheon celebrating the financing of 8 new Boeing 737-800NG funded by DAE Capital.

"Garuda's un-audited profit in 2008 was Rp. 683 billion (US$61 million), an increase of Rp. 258 billion (US$23 million) when compared to 2007," explained Emirsyah.

Garuda's CEO also boasted that the on-time performance for his airline improved in 2008 with 84.11% of all flights departing on schedule. In 2007, the on-time percentage was only 76.73%, while in 2009 the national carrier is targeting an that 85% of its flights will fly to schedule.

Emirsyah told the press that the overall load factor declined slightly in 2008 at 76.53%, as compared with 77.46% in 2007.

Said Emirsyah, "Garuda flies 2,000 times every week to more than 60 domestic and international destinations."


© 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
Stranger, Now Gardening in Paradise
Made Wijaya – Australian Who Adopted an Island that Also Adopted Him – has Died in Sydney Australia
(8/28/2016)
Mass Insanity
Bali Put on Guard Following Failed Bombing Attack on North Sumatra Catholic Church
(8/28/2016)
The Risk of Lending Your Name
'Tax Amnesty' Complicates the Position of Nominee Property Owners in Bali
(8/28/2016)
Hog Heaven?
Island Life: East Bali Farmer Spends His Days Going Door-to-Door with his Pig on a Leash
(8/28/2016)
Bring Your own Plane to Indonesia
Indonesia Declares Intent to Ease Application Process for Private Aircraft visits
(8/28/2016)
Can Ya Run Faster than a Kenyan?
Kenyan Julias Kangethe Mbugua Overall Winner of 5th Maybank Bali Marathon. More Race Results
(8/28/2016)
Spice and Everything Nice
Bali Restaurateur to Open Second Spice by Chris Salans in Sanur in September 2016
(8/28/2016)
Classical Elegance Comes to Bali
Pascal and Ami Rogé to Perform Classical Piano Pieces at Ubud and Kuta Padma Resort on September 10-11, 2016
(8/28/2016)
Passage from India
Indonesia Tourism Ministry Says Indian Arrivals will Increase with Direct Flight Connections
(8/28/2016)
Trial for Errors
Evidence Files for Foreign Couple Charged with Killing a Bali Policeman Set to be Handed to State Prosecutor
(8/28/2016)
See Indonesia by Sea
PT Pelni Promoting Cruise Programs on its Fleet of Vessels to Selected Indonesian Destinations
(8/28/2016)
Ships Ahoy!
Tourism Minister: Urgent Need to Deregulate Marine Tourism
(8/28/2016)
All [News]!