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#garuda indonesia

Every story tagged #garuda indonesia on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

54 stories in this topic

T JG8017
Living
2 min read

Garuda Indonesia Expects to Make Profit in 2018: CEO

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…

Garuda Indonesia
Living
2 min read

Indonesia’s Garuda Shares Soar on News of Sriwijaya Deal

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,…

Garuda indonesia crew
General
1 min read

Garuda Indonesia Holds Empty Flight Promo

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…

Garuda Indonesia plane
General
1 min read

Garuda Indonesia Denies Offering Two Free Tickets

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…

T JG8017
Living
1 min read

Garuda Indonesia Eyes $2.4b From Singapore Airshow

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…

T JG8017
General
2 min read

Garuda Indonesia Workers’ Union Demands Revamp of Management

Flag carrier Garuda Indonesia’s employees union urged the government to revamp the company’s management and board of directors, saying they feared the carrier will keep losing money in years to come if no change is forthcoming. The head of the union, Serikat…

Garuda Indonesia Boeing 747 400
General
2 min read

Garuda Indonesia soars above challenges, gears up for growth

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…

Boeing Garuda 787 9 n 737 MAX8
General
1 min read

Garuda aims to improve financial performance in two years

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…

Garuda Indonesia Boeing 747 400
General
2 min read

Garuda Indonesia Posts USD 9.36mn Profit

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…

777300ERGarudaEXTTails01aPS
General
2 min read

Garuda Indonesia Keeps Expanding Despite 89% Profit Slide

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…

b737 800ng garudaindonesia
General
1 min read

Garuda Indonesia Increases Flight Frequency of Routes to Australia

National airliner Garuda Indonesia (GIAA.JK) will increase its flight frequency to destinations in Australia during the holiday period from May to October, 2017. The company targets its passenger growth from flights to Australia to reach 650,000 passengers…

garuda web
General
1 min read

Garuda Indonesia to Open Lombok-Guangzhou Route

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…

garuda indonesia london heathrow
General
1 min read

Garuda Indonesia axes first class on London routes

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…