Garuda Indonesia Group operating profit increase by more than threefold in 3Q2017

Garuda Indonesia Group reported (25-Oct-2017) the following financial highlights for three months ended 30-Sep-2017:

• Operating revenue: USD1225 million, +11.2% year-on-year;
  • Scheduled airline: USD885.9 million, +0.2%;
• Total costs: USD1119 million, +5.7%;
  • Fuel: USD297.2 million, +14.5%;
  • Aircraft rental: USD281.8 million, +7.0%;
• Operating profit: USD105.3 million, +150%;
• Net profit: USD61.9 million, +216%;
• Passengers: 9.6 million, +1.4%;
  • Garuda Indonesia: 6.2 million, -3.3%;
  • Citilink: 3.4 million, +11.4%;
• Passenger load factor: 78.5%, -0.3ppt;
  • Garuda Indonesia: 76.8%, -1.2ppt;
  • Citilink: 84.5%, +2.2ppt;
• Passenger yield: USD 7.1 cents, -2.9%;
  • Garuda Indonesia: USD 7.6 cents, -0.9%;
  • Citilink: USD 5.4 cents, -7.6%;
• Average fare: USD84.9, -2.9%;
  • Garuda Indonesia: USD107.7, +0.2%;
  • Citilink: USD43.3, -4.2%;
• Cost per ASK: USD 5.9 cents, -4.7%;
  • Garuda Indonesia: USD 6.2 cents, -4.4%;
  • Citilink: USD 4.5 cents, -2.2%;
• Cost per ASK excl fuel: USD 4.2 cents, -8.0%;
  • Garuda Indonesia: USD4.5 cents, -7.2%;
  • Citilink: USD 2.9 cents, -6.9%;
• Total assets: USD3724 million;
• Cash and cash equivalents: USD387.5 million;
• Total liabilities: USD2921 million. [more - original PR]