Tag: garuda indonesia

Retail Asia26/12/2018
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National flag carrier Garuda Indonesia expects to end 2018 in profit and is targeting a net profit of Rp 1 trillion ($69 million) for 2019, its chief executive said on Friday. Garuda saved $96 million by working with lessors to restructure the financing of its planes until November 2019, chief executive Ari Askhara told reporters. “Our […]

Retail Asia20/11/2018
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National flag carrier Garuda Indonesia’s share price surged 19 percent on Thursday after the airline said it had taken over operational control of low-cost rival Sriwijaya Air. The move is seen as an effort to help Sriwijaya improve its financial performance, while potentially expanding Garuda’s market share to challenge Indonesia’s largest airline company, the Lion Air Group. Garuda announced the […]

Retail Asia11/05/2018
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Indonesia Airline Garuda holds promo for “empty legs flight” or non-passenger flights during the month of 2018 Ramadan. “‘Empty legs flight’ is a term for when, as an example, a flight from Solo to Jakarta is packed with passenger but there is no demand for the opposite direction, so it is empty. The promo price […]

Retail Asia11/05/2018
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Many website links recently suggested that Garuda Indonesia offering two free tickets in the celebration of its 69th anniversary. However, the state-owned airline management denied the news. “Garuda Indonesia ensures that such promotion info was invalid and is not officially from Garuda Indonesia,” said the company’s secretary Hengki Heriandono in a written statement dated Wednesday, May 9. […]

Retail Asia08/02/2018
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National flag carrier Garuda Indonesia eyes $2.4 billion in transactions from the 2018 Singapore Airshow, which takes place at the Changi Exhibition Center on Feb. 6-11, the company said in a statement on Monday (05/02). The airshow, the biggest of its kind in Asia, gathers major stakeholders in the aviation industry. During last year’s edition, Garuda signed transactions worth $129 […]

Retail Asia23/06/2017
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Indonesia’s flag carrier Garuda Indonesia has won the world’s best airline staff award for the fourth year in a row according to a survey conducted by international rating organization Skytrax. Garuda Indonesia took first spot in the category at this year’s World Airline Awards, dubbed as the Oscars of the aviation industry, beating other prestigious […]

Retail Asia13/06/2017
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3min0
Ready to face their business growth that is riddled with challenges, Garuda Indonesia is optimistic that both its operational and financial performances will experience sustainable and positive growth in the next two years. This will be attributed to their business strategy, which is to focus on financial performance transition. Antara News quoted Garuda Indonesia President […]

Retail Asia12/06/2017
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3min0
Garuda Indonesia is optimistic its operational and financial performance will see sustainable positive growth in one to two years, fueled by business strategy focusing on financial performance transformation. “Garuda Indonesia will focus on improving its performance by taking 10 financial and business performance initiatives in such a way that its operational and financial conditions will […]

Retail Asia13/04/2017
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Flag carrier PT Garuda Indonesia (Persero) posted a net profit of USD 9.36 million, or IDR 124.5 billion, as of the end of 2016, as flight frequency increases by 9.89 percent to 274,969 flights from 249,974 in 2015. “The increase in flight frequency was in line with the company’s effort to expand both domestic and […]

Retail Asia23/03/2017
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4min0
Indonesian flag carrier Garuda Indonesia will continue expanding despite a lackluster performance last year during which profit dropped by 89%, President Arif Wibowo said on Wednesday. Garuda posted $8.1 million in net income in 2016, from $76.5 million the year before. Wibowo said the decline was “manageable,” and attributed it in part to the company’s […]

Retail Asia12/02/2017
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General Manager of national carrier PT Garuda Indonesia of Mataram branch Mochammad Yansuerio said that in the near future, Garuda Indonesia would open a direct flight serving Lombok–Guang Zhou, China. “Lombok and Sumbawa are getting more popular both at the national level and at the international level. This has become our consideration to add frequency […]

Retail Asia08/02/2017
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Garuda Indonesia will no longer be offering first class seating to London from June 20 onwards as it looks to switch from a three-class to two-class Boeing B777-300ER. The configuration change for flights GA086/87 on the carrier’s Jakarta-Singapore-London Heathrow route will increase the overall number of seats from 314 to 393 at the expense of its […]

Retail Asia30/11/2016
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Garuda Indonesia opened the Surabaya-Madina flight route on Tuesday as part of its efforts to expand its flight network in the Middle East. The national flag carrier will serve the flight route on Tuesdays using an Airbus A330-300 with a seating capacity of 360, all of them economic class, Garuda Cargo Director Sigit Muhartono said […]

Retail Asia17/11/2016
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3min0
A direct air link between India and Indonesia is set to become a reality with Garuda Indonesia, the South East Asian country’s national air carrier, considering to launch a service soon. Garuda Indonesia plans to introduce direct flights connecting Jakarta-Mumbai. In all likelihood, it should happen this December, Consul General of Indonesia Saut Siringoringo said […]


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