Garuda flying higher with improved results
Garuda Indonesia doubled its comprehensive income in 2012 compared with 2011, rising from US$72.7 million to US$145.4 million.
The Indonesian carrier showed consistent progress across the board, with an increase of 72.6% in net profit from US$ 64.2 million in 2011 to US$ 110.8 in 2012, while passenger numbers increased by 19.6% with 20.4 million carried.
In Australia and the South West Pacific region, Garuda Indonesia’s operations saw a passenger increase of 20.0%, while flight frequencies increased by 22.1% from 1,537 to 1,877.
In 2012 Garuda Indonesia introduced 22 new aircraft, raising the total number of aircraft in operation to 106, with an average age of 5.8 years.
Ian Jarrett
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Major rail disruptions around and in Berlin until early 2026