Garuda Indonesia Group maintains positive performance in 2016 with USD99m operating profit

Garuda Indonesia revenue up 1% - financial highlights for 12 months ended 31-Dec-2016:

• Total operating revenue: USD3864 million, +1.3% year-on-year;
• • Passenger: USD3039 million, +1.2%;
  • Cargo: USD219.1 million, +16.7%;
  • Excess baggage: USD11.4 million, +16.1%;
• Total operating costs: USD3796 million, +1.7%;
• • Aircraft lease and charter: USD1012 million, +11.8%;
  • Fuel: USD924.7 million, -11.9%;
• Operating profit: USD99.1 million, -41.3%;
• Net profit: USD9.4 million, -88.0%;
• Passengers: 35.0 million, +6.2%;
• • Domestic: 19.5 million, +0.4%;
  • International: 4.4 million, +6.2%;
• Cargo: 415,800 tons, +18.2%;
• Passenger yield: USD 6.9 cents, -7.1%;
• • Domestic: 8.4 cents, -3.3%;
  • International: USD 6.4 cents, -8.6%;
• Cost per ASK: USD 6.0 cents, -7.0%;
• • Domestic: USD 7.0 cents, -1.8%;
  • International: USD 5.6 cents, -10.5%;
• Cost per ASK excl fuel: USD 4.5 cents, -1.5%;
• • Domestic: USD 5.3 cents, +3.9%;
  • International: USD 4.3 cents, -4.6%;
• Total assets: USD3738 million;
• Cash and cash equivalents: USD578.7 million;
• Total liabilities: USD2728 million. [more - original PR]