Thursday, 29 March 2012

Garuda posts revenue windfall

GARUDA Indonesia registered 27.2 trillion rupiah (US$3.02 billion) in revenue last year, a 39.1 per cent increase over the 19.5 trillion rupiah earned in 2010. The flag carrier recorded an operational profit of 1.01 trillion rupiah for 2011, compared to a loss of 67.2 billion rupiah the year before. Net income over the same period was 859 billion rupiah, more than double the figure in 2010.

Garuda vice president corporate communications Pujobroto said: “The increase in revenue and comprehensive profit was the result of the company’s operational expansion through Quantum Leap and efficiency programmes, and optimising resource and aircraft utility.”



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