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Garuda’s Quantum Leap

Garuda Indonesia Books US$2.2 Billion Profit Against System Wide Improvements in 2011


Bali News: Indonesia, Garuda, Garuda Indonesia, Emirsyah Satar, profits, quantum leap, occupancy, load factor
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(1/13/2012)

The State News Agency Antara reports that Indonesia’s national flag carrier Garuda Indonesia has revealed an unaudited income of Rp. 19.5 trillion (US$2.2 billion) in 2011, an improvement of 39% over 2010.

According to the Airline’s CEO, Emirsyah Satar, the stellar performance of Garuda was made possible by the expansion of operations, the “quantum leap program” to reposition the airline’s operations, efficiency and asset utilization.

In 2011 Garuda carried 17.1 million passengers comprised of 13.9 million domestic and 3.2 million international travelers. This is a total that is 36.8% more than the 12.53 million passengers carried in 2010. This corresponds with an 26% increase of availability of seats per kilometer that increased 26% to 32.5 billion in 2011.

System-wide seat load factor improved by 5% in 2011 with 74.7% occupancy levels recorded on Garuda flights.

In 2012, Garuda flew 130,043 flights, 27% more flights than that flown in 2010.
 


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