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 · Garuda Flies into the Black, Finally
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

Garuda Flies into the Black, Finally

Smaller Fleet Flying More Hours and Higher Ticket Prices Help Garuda Turn a Long-Awaited Profit.


Bali News:
Click Image to Enlarge

(8/4/2007)

After many years of writing its financial results in red ink, Garuda Indonesia closed the first semester of 2007 by reporting a net profit of Rp. 148 billion (approximately US$16 million). In an impressive turn-around, the current profit results stand in stark contrast to the first six months of 2006 when the Airline reported losses of Rp. 361 billion (approximately US$39.24 million).

Garuda's president director, Emirsyah Satar, attributes the airline's improved performance to increased passenger loads, higher airfares and more efficient use of the company's armada.

Quoted in the Jakarta Post, Satar said: "We managed to accommodate more passengers in fewer airplanes due to an improvement in the utilization rate of each plane form an average of 8 hours and 45 minutes to 9 hours and 17 minutes a day."

Revenues increased 11.5% during the first 6 months of 2007 reaching Rp. 5.8 trillion (approximately US$63 million).

The Airline currently produces revenues equivalent to US$0.072 cents per seat per flown kilometer, an improvement in revenue yield of 7.5% over the same period last year.

Garuda is projecting a 20% improvement in revenues during the second half of 2007.


© 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
Making Bali Arrivals Easier
Bali Eliminates Arrival-Departure Cards at Immigration Check Points.
(3/27/2015)
Rao Reign at Two Resorts
Uday Rao Promoted to Manager Two Four Seasons Resorts in Bali
(3/27/2015)
Ubud, Bali Among the World’s Best
Trip Advisors List Ubud, Bali Among the World’s Top 25 Tourism Destination
(3/27/2015)
Travel Accessible to All
Agoda.com Performs Worldwide Review of Accessibility for Handicapped Travelers.
(3/27/2015)
‘Till Middle Kingdom Come
AirAsia Indonesia Eyes Direct Flights from Medan and Bali to Mainland China
(3/28/2015)
The Language Barrier
Indonesia Backtracking on Plans to Require Foreign Workers Speak Indonesian
(3/28/2015)
Sinitic Solutions to Semantical Problems
Tourism Minister Wants to Allow Chinese Tour Guides to Work in Bali
(3/28/2015)
How to Curry the Indonesian Travel Market
Indian Tourism to Bali Held Back by Lack of Direct Flights
(3/28/2015)
Workers with Warranties
Bali Governor Support Competence Certification for Tourism Workers in Indonesia
(3/28/2015)
When it Isn’t Reciprocal
Clause in Immigration Law May Delay Plans to Add 30 Countries to List of Visa-Free Countries to Indonesia
(3/28/2015)
Bali Still in Fashion
Bali by the Numbers: No Sign of an Australian Boycott as Bali’s Arrival Figures for February Increase 21%
(3/22/2015)
Nyepi Takes a Toll on Tolls
Bali Toll Road Estimated to Have Cost US$24,000 in Toll Fees Due to Nyepi Closure
(3/22/2015)
All [News]!