Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Soar Like a Garuda
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
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

++62 361 286 283

++62 361 286 284

U.S.A. Fax:(toll free)

U.K. Fax:

Australian Fax:

++62 812 3819724

Bali Discovery

Bali News

Soar Like a Garuda

Garuda Q3 Profits Up 51.55%

Bali News: Garuda Indonesia, Emirsyah Satar, profitability, revenues
Click Image to Enlarge


Garuda Indonesia has ended Q3 2012 with a US$56.06 million dollar profit, increasing 51.55% from the same period last year when a US$36.99 profit was booked.

According to the State News Agency Antara, a published reports submitted to the press by Garuda’s CEO Emirsyah Satar stated that the improved profitability is being driven by an increase in revenues to US$2.38 billion, up from US$2.08 billion through the end of Q3 2012.

Explained Satar: “The Company’s income is comprised of revenues from scheduled flights totaling US$2.12 billion dollars; unscheduled flights totaling US$60.54 million and other income of US$196.32 million dollars.”

In concert with the increase in company revenues, the expenses of the company have also increased to US$2.29 billion through Q3 2012, compared to US$2.04 billion in 2011.

The company’s profit has undergone a significant improvement in Q3 2012 to US$92.75 million, from just US$38.59 billion in 2011.

Through the end of September 2012, the Indonesian Stock Exchange (GIAA) books total assets of the company at US$2.2 billion, increasing from US$2.07 billion shown as of December 31, 2011.

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


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
Infrastructure First: Seaports and Airport
Transportation Minister Says Baliís Airports, Seaports, and Passenger Terminals Must be Enhanced to Support Growing Passenger Numbers
Another Renovation for Baliís Airport?
Minister of Transportation Wants Carrying Capacity of Baliís Airport Increased to 35 Million Passengers per Year
Move Underway to Trump Chinese Tourists?
DPR-RI Vice Chairman Seeks Repeal of Wide-Ranging Visa Free Status for Indonesian Visitors
Departure, No Return
Garuda Accused of Incorrect Procedures in Death of Passenger Flying from Jakarta to Melbourne
Infrastructure First!
New Hotel Projects Set for Nusa Penida in Dire Need of Water and Electricity Support
Bali Welcomes 3 Millionth Visitor
Bali by the Numbers: BPS Says 43.3% More Foreign Visitors to Bali in August 2016, Passing the Year-to-Date Mark of 3 Million
In Need of a Designated Driver
European Couple Die in Motorcycle Mishap After a Night of Partying on Pererenan Beach in Bali
Bad Smells from the Kitchens?
Drainage Ditch at Bali Airport Filled with Foul-Smelling Pollutants Suspected to Come for Airline Catering Building
Cherishing the Children
St. Regis Resort Bali and Laguna Resort & Spa Raises More than $20,000 for UNICEF at Lavish Beachside Moonlight Dinner
Itís a Bali Holiday
Official National Holidays and Shared Holidays in Indonesia for 2017
Me and My Guitar
West Bali Police Send Home 18 Punkers on a Personal Sojourn in Bali
Passport to a Clean Bureaucracy
Indonesian Immigration Service Joins the Anti-Corruption Campaign
All [News]!