Garuda Indonesia Targets 21% Growth in Revenue

PT Garuda Indonesia Tbk expects revenue to grow 21% in 2012 to Rp32, 8 trillion from the position last year Rp21, 7 billion (unaudited).

"Garuda Indonesia closed the year 2011 with earned income (unaudited) IDR 27, 1 trillion. Revenue increased 39% compared to the period of 2010 amounted to IDR 19, 5 billion. Increased revenues (unaudited) was successfully achieved through the expansion of the company's operations through the program "Quantum Leap" and through the company's efficiency programs as well as through the utilization of assets, "said Director of Garuda Indonesia Emirsyah Satar.

Satar added to achieve a target turnover in 2012, Garuda Indonesia prepares capital expenditures IDR 1, 43 trillion or an increase of 2010 amounted to IDR 906 billion. "Capital spending is outside the aircraft deposit payments," he said.

During 2011, Garuda Indonesia succeeded in carrying 17.1 million passengers, ie as many as 13.9 million domestic passenger, international passenger 3.2 million, an increase of 36.8% compared to 12.53 million passengers in 2010. Production capacity (availability seat kilometer / ASK) in 2011 also increased by 26% to 32.5 billion compared to 25.77 billion in 2010.

In addition, passenger yield increased by 12.4% to U.S. $ 0.0963 (9.63 U.S. cents) compared to 2010, which amounted to U.S. 8.6 cents. "International flights contributed 46% to the total turnover of the company, and this year an estimated 50%," he said.

In the period 2011, Garuda Indonesia also managed to increase its market share (market share) in the domestic market to 28.3%, an increase of 5% over the same period last year of 23.7%.

In industry, the domestic air passenger market in 2011 grew by 16%, but Garuda Indonesia passenger market increased significantly by 36%, higher than any other airline increased an average of 9%.

International passenger market grew 12% with Garuda Indonesia successfully grow 29.5% at 8% over other airlines. Finance Director Garuda Indonesia, Elisa Lumbantoruan said in 2012 it was budgeted to pay debt of U.S. $ 131 million, the debt position of U.S. $ 512 million at the end of 2011, up from U.S. $ 476 million because in 2011 there is a new loan of U.S. $ 50 million.

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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.

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The number of GARUDA INDONESIA online ticket sales will exceed sales manual in 2015

PT Garuda Indonesia Tbk (GIAA) will increase ticket sales through the Internet or e-commerce. The target, in the next four years, online ticket sales already exceeding the manual way.

"This is a step streamline operational costs for the company," said Senior General Manager of e-Commerce Joseph Adrian Saul Garuda Indonesia in Jakarta.

For that Garuda Indonesia will continue to strengthen the system of information technology (IT) for Garuda Indonesia website, expanding banking partners the payment channel, and method of payment.

"For the partners of our financial institutions are working with Visa and Mastercard. In the future we will hold the Bank Mandiri, BCA and BII for payments via debit cards than credit cards," he explained.

As for payment method is being explored in collaboration with Pay Pal and develop pattern-style payment Pay Pal with a local bank.

"We want to facilitate all the customers who want to buy tickets online, because it had many payment channels. In addition, if the purchase price will be done via the internet 10% cheaper than the public rate," he said.

Marketing & Sales Director (Executive) Garuda Indonesia, M. Arif Wibowo added, the current contribution of sales through the Internet and e-commerce has only reached 5%. "With an increasingly broad education, the future of e-commerce will become increasingly popular in the community," he said.

Garuda Indonesia also has appointed BII as one of the payee bank Garuda ticket from a travel agency partners (sub-agent) Garuda Indonesia.

He explained that through this cooperation partner travel agents (sub-agent) Garuda Indonesia can pay the ticket without having to come to the bank. Garuda Indonesia ticket payment can be made online through BII CoOLPAY - which is an Internet based Payment Gateway solutions.

This cooperation is intended to make it easy for partners Garuda Indonesia sub agent in making payments.

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