Friday, September 2, 2011

GARUDA INDONESIA earned IDR 6.02 trillion in the 2nd quarter 2011


PT Garuda Indonesia (Persero) Tbk earned revenue to IDR 6.02 trillion in the second quarter of 2011 or an increase of 40.5 percent over the achievement in the same period in 2010, amounting to IDR 4.28 trillion. The figure also shows an increase by 16 percent compared to past achievements in the first quarter which amounted to Rp 5.18 trillion.

The increase in revenue was achieved Garuda Indonesia in line with the implementation of "Quantum Leap" to develop Garuda until 2015.

VP Corporate Communications, Garuda Indonesia, Pujobroto explained the program "Quantum Leap" has a strategic role in relation to the development of Garuda forward, particularly in preparing fundamental airline Garuda Indonesia in order to be competitive and ready to face the business challenges ahead.

In addition to significantly increased revenue, Garuda Indonesia also managed to improve the performance of various operational aspects. In the second quarter of 2011 was Garuda Indonesia successfully carry as many as 4.19 million passengers, an increase by 38 percent over the same period in 2010 amounted to 3,02 million passengers. Production capacity (availability of seat kilometers / ASK) increased by 25.5 percent to 8.25 billion from 6.57 billion seat miles in 2010. In addition, the "yield" passengers increased by 13.9 percent to USC 9.4 compared to 2010 at USC 8.2.

During the quarter II/2011, Garuda Indonesia flight frequency increased by 23.1 percent to 32.424 flights, compared to the same period in 2010, a total of 26.333 flights. Of the overall total flight frequency, the frequency of domestic flights increased by 25.1 percent to 24,049 flights over the same period of last year 2010 while international flights increased by 14.7 percent to 5.182 flight, over the same period in 2010, a total of 4.518 flight.

Level passenger fields (Seat Load Factor / SLF) also increased by 9.8 percent from 68.4 percent in quarter II/2010 to 75.1 percent in quarter II/2011. Meanwhile, the precision of flight (OTP) increased to 89.2 percent, from 78.8 percent in 2010.

Improved performance of Garuda Indonesia in quarter II/2011 is driven by increasingly strong macroeconomic Indonesia as well as an increase in the domestic market. In addition, it also becomes an important achievement given the global economic situation is still unfavorable, the earthquake and tsunami in Japan that have an impact, as well as rising fuel prices significantly.

Meanwhile, in connection with the development of a fleet that carried, in 2011 Garuda Indonesia will receive 11 new aircraft consists of two A330-200 and 9 B737-800 Next Generation, while in 2010 Garuda Indonesia already added 24 new aircraft fleet consists of 23 Boeing Next Generation 737-800 and an Airbus A330-200.