19-Aug-2011 10:33 AM

Garuda Indonesia's net profit surges in Jul-2011, pax numbers up 30%

Garuda Indonesia reports the following traffic/financial highlights in Jul-2011 (Bloomberg, 18-Aug-2011):

  • Passenger numbers: 1.6 million, +30% year-on-year;
  • Net profit*: USD37.5 million, +81%.

*Based on the conversion rate USD1 = IDR8,530

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