My Account Menu

CAPA Login


Register to trial CAPA Membership!

Garuda Indonesia reports strong profit growth in first nine months of 2012

30-Oct-2012 10:13 AM

Garuda Indonesia revenue up 14% - financial highlights for nine months ended 30-Sep-2012:

  • Operating revenue: USD2386 million, +14.4% year-on-year;
  • Operating costs: USD2294 million, +12.1%;
    • Fuel: USD885.9 million, +13.5%;
    • Labour: USD279.0 million, +22.7%;
  • Operating profit: USD92.8 million, +140.4%;
  • Net profit: USD60.6 million, +108.6%;
  • Passenger numbers: 14.9 million, +20.2%;
  • Passenger load factor: 75.9%, +0.7 ppt;
    • Garuda: 76.3%, +1.7 ppt;
    • Citilink: 70.8%, -8.5 ppts;
  • Passenger yield: USD 9.55 cents, +0.6%;
    • Garuda: USD 9.85 cents, +1.7%;
    • Citilink: USD 5.77 cents, -2.2%;
  • Cargo volume: 201,070 tons, +18.7%;
  • Cargo yield:
    • Garuda: USD 37.72 cents, +3.4%;
  • Aircraft utilisation: 10.5 hours, +0.5%;
  • Ontime performance: 84.5%;
  • Total assets: USD2207 million, +6.4% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: USD209.2 million, -49.9% when compared to period ended 31-Dec-2011;
  • Total liabilities: USD1225 million, +6.3% when compared to period ended 31-Dec-2011. [more – original PR]