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Tag: garuda

Retail Asia12/06/2017
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Garuda aims to improve financial performance in two years

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 […]
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Retail Asia13/04/2017
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Garuda Indonesia Posts USD 9.36mn Profit

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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 […]
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Retail Asia23/03/2017
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Garuda Indonesia Keeps Expanding Despite 89% Profit Slide

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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 […]
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Retail Asia27/02/2017
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Garuda Indonesia to Cooperate with Malaysian Golf Community

3min0
National Carrier Garuda Indonesia’s Kuala Lumpur branch will be cooperating with Malaysian golf community to facilitate local golf players who wish to play in Indonesia. “We will come up with a package scheme that merges the prices of golf activities and flight tickets, which will then be disseminated by the community,” Garuda Indonesia’s Malaysian General […]
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Retail Asia16/02/2017
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Garuda to Launch Jakarta-Moscow Flight in August 2017

3min0
The Indonesian flag carrier, Garuda Indonesia, will launch its Jakarta-Moscow direct flight route A330-200 aircraft, which is expected to be operational in August this year. The inaugural flight plan was established in a memorandum of understanding signed by a representative of the Indonesia Russia Business Council, Mikhail Kuritsyn, and the Director of Garuda Indonesia, Arif […]
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Retail Asia14/02/2017
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Garuda Indonesia’s Subsidiary to Launch IPO

3min0
PT Garuda Indonesia is pushing PT Garuda Maintenance Facility (GMF) AeroAsia, one of its subsidiaries, to release some of its shares to the public through the Initial Public Offering (IPO) scheme. “As shareholders, we aspire to strengthen the subsidiary’s capital, and one of the efforts is through the IPO,” CEO of Garuda Indonesia Arif Wibowo […]
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Retail Asia12/02/2017
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Travel agents issue official letter to boycott Garuda

2min0
Following up on their recent statement, the Association of Indonesian Tour and Travel Agents (ASITA) officially boycotted through a circulating letter national flag carrier Garuda Indonesia over the decision to reduce commissions for travel agents. The letter, signed by ASITA chairman Asnawi Bahar, noted that Garuda Indonesia had not responded to the association. “During the […]
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Retail Asia12/02/2017
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Garuda Indonesia to Open Lombok-Guangzhou Route

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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 […]
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Retail Asia08/02/2017
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Garuda Indonesia axes first class on London routes

2min0
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 […]
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Retail Asia26/01/2017
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Garuda Indonesia Focused on Contract Renegotiation, GCG

2min0
The national flag carrier Garuda Indonesia Airlines has continued to focus on renegotiating contracts and implementing Good Corporate Governance (GCG), despite an alleged involvement of the airline’s ex-president Emirsyah Satar in aircraft engine purchase graft case. “It doesn’t interfere because Garuda had been focusing on GCG, contract renegotiation and cost efficiency since the last two […]
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Retail Asia12/12/2016
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Garuda the most loved airline in the world

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The nations flag carrier Garuda Indonesia has received a citation of “The Worlds Most Loved Airline” from the Skytrax, the world airline rating agency. Garuda Indonesia President M Arif Wibowo said when receiving the citation here on Thursday that the airline topped other airlines with satisfaction rate of 85 percent. “Our greatest thanks for our […]
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