GARUDA INDONESIA expects 10% rise in passenger numbers

PT Garuda Indonesia Airlines Limited (GIAA) targeting an increase in passenger numbers by 10% in the second quarter compared to first quarter 2012 of 4.6 million passengers. While the first quarter of 2011 compared with year-on-year (yoy), there will be an increase of...

LION AIR passenger numbers in the first quarter rose 10%

Indonesia national airline PT Lion Mentari Airlines or Lion Air successful a growing number of passengers during the first quarter of this year. The number of airline passengers increased by 10% over the same quarter last year. General Director of Lion Air, Edward Sirait...

Maersk posts a quarterly loss of US$599 million despite 18pc volume rise

DENMARK's AP Moller-Maersk Group has posted its first quarter results, which its container shipping unit Maersk Line suffered US$599 million year-on-year loss despite a 18 per cent growth in volumes. The carrier said the average freight rate fell nine per cent compared...

MANDALA AIRLINES will focus on international routes

This year, Mandala Airlines will give priority to the opening of the international route rather than opening domestic routes. Currently, Mandala Airlines has been serving local route from Jakarta to Medan and international route Medan – Singapore. On Friday (4/5), Mandala...

China Cosco's loss widens to $428m

China Cosco Holdings’ net loss deepened in the first quarter as the company's dry-bulk business slumped amid a slowdown in the global shipping industry, reported The Wall Street Journal. The Beijing-based shipping company said its net loss totalled US$428.2 million...

Indonesia bans US beef imports due to mad cow disease in dairy herd

INDONESIA has banned US beef imports because of mad cow disease in one American dairy cow and will not lift the ban until it is assured that the disease has been wiped out, said vice agriculture minister Rusman Heriawan. "We will lift the ban as soon as the US can assure...

GARUDA INDONESIA will fly to Italy in 2014

President Director of Garuda Indonesia, Emirsyah Satar said Garuda Indonesia is reviewing the opening of flight routes to Italy. If there is no obstacle, Garuda Indonesia plans to fly to Italy on 2014. "Route to Italy the most rapidly will be opened by 2014. There is...