26-Oct-2012 10:25 AM

Garuda Indonesia operating profit more than doubles in first nine months of 2012

Garuda Indonesia reported a 14.4% year-on-year increase in operating revenue to USD2390 million and a 140.4% increase in operating profit to USD92.8 million in the first nine months of 2012, according to Antara News. The carrier also reported a 20.2% increase in passenger numbers to 14.9 million and an 18.7% increase in cargo transported to 201,070 tons. Load factor improved by 0.7 ppt to 75.9% while passenger yield also rose to USD 9.55 cents.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More