Garuda Indonesia reports USD169m operating profit in 2015

Garuda Indonesia revenue down 3% - financial highlights for 12 months ended 31-Dec-2015:

• Total operating revenue: USD3815 million, -3.0% year-on-year;
• • Scheduled airline services: USD3208 million, -5.2%;
  • • Passenger: USD3003 million, -4.6%;
    • Cargo: USD187.9 million, -14.0%;
    • Excess baggage: USD9.8 million, -3.6%;
• Total operating costs: USD37332 million, -13.1%;
• • Fuel: USD1050 million, -32.7%;
  • Aircraft rental and charter: USD904.8 million, +18.1%;
  • Labour: USD143.5 million, -5.5%;
• Operating profit: USD168.7 million, compared to a loss of USD395.2 million in p-c-p;
• Net profit: USD78.0 million, compared to a loss of USD368.9 million in p-c-p;
• Total assets: USD3310 million;
• Cash and cash equivalents: USD520.0 million;
• Total liabilities: USD2359 million. [more - original PR]