Garuda Indonesia reports USD233.9m operating loss in 1H2014

Garuda Indonesia revenue up 1% - financial highlights for six months ended 30-Jun-2014:

• Total operating revenue: USD1738 million, +0.7% year-on-year;
• • Excess baggage: USD4.1 million, -3.5%;
• Total operating costs: USD1960 million, +14.8%;
• • Fuel: USD759.2 million, +15.9%;
• Operating profit (loss): (USD233.9 million), compared to a profit of USD14.3 million in p-c-p;
• Net profit (loss): (USD211.7 million), compared to a loss of USD10.9 million) in p-c-p;
• Total assets: USD3089 million;
• Cash and cash equivalents: USD367.5 million;
• Total liabilities: USD2046 million. [more - original PR]