Monday, 31 October 2011 10:03:10
Category: Press Release (1676 view)
PT. Garuda Indonesia (Persero) Tbk. (“Garuda”) succeeds in earning a revenue of IDR 6.9 trillion in the 3rd quarter of 2011, and booking a comprehensive income of IDR 473,6 biilion. Revenue-wise, Garuda Indonesia experiences a 40% increase compared to that of last year’s IDR 4.92 trillion. Meanwhile, its comprehensive income increased by 472% compared to the loss of 127.6 billion in the same period last year. Since launching the Quantum Leap expansion program, Garuda Indonesia has introduced various efficiency measures and expansion in the company’s operations which will see the airline progressing confidently till 2015.
The “Quantum Leap” program plays a strategic role in Garuda’s future development, particularly in preparing the foundation for the airline’s continued growth in a highly competitive and challenging business environment.
From the first till the third quarter of 2011, Garuda Indonesia consistently displayed significant increase in revenue and comprehensive income as well as remarkable performance in various areas of operations. Garuda Indonesia transported as many as 4.52 million passengers in quarter III/2001 or an increase of 28.7% compared to the 3.51 million passengers carried in the same period of the previous year. Availability seat kilometer/ASK also rose 20.66 to 8,44 billion from the 6,99 billion seat kilometer achieved in 2010. In addition, passenger “yield” experienced a rise of 19.5% or USC 10.3 against last year’s USC 8,62.
Throughout the third quarter of 2011, Garuda Indonesia’s flight frequency (domestic and international) also showed an increase of 24.8% or totaling 33.613 flights. During the same period last year, the number only reached 26.924 flights. In total, domestic flights rose 25.6% or 24.546 flights compared to last year’s 19.536 flights. Meanwhile, international flights increased by 25.74% or reached 5.853 flights compared to the total of 4.655 flights in same period the previous year.
In terms of Seat Load Factor/SLF, Garuda Indonesia managed to improve performance in quarter III/2011 by 2.37%, from the 76.44 percent achieved last year to 78.25 percent. Aircraft utilization increased 11% to 10:58 hours from the 9:52 hours clocked last year. The airline’s OTP in the quarter III/2011 is 85.03%.
During the third quarter of 2011, Garuda Indonesia also increased its market share in the domestic market to 31 percent, a rise of 5% compared to what was achieved during the same period last year, which reached 26 percent. The market in domestic passengers from January till July 2011 grew by 15%. However, Garuda Indonesia’s overall passenger volume during that period increased significantly by 39%, higher than the average 8% growth enjoyed by other airlines.
Meanwhile, international passenger volume, in the period from January till July 2011, grew by 14 % or 32% higher than that of other airlines which only a reach 10% growth.
Indeed, these achievements are remarkable in that they occurred in the midst of the less than conducive global economic climate caused by political unrest in the Middle East, the terrible earthquake and trsunami in Japan, as well as escalating rise in fuel prices.
Continuing with the airline fleet expansion program, since 2010, Garuda has further strengthened its fleet with 24 new aircraft, consisting of twenty-three Boeing 737-800 Next Generations and one Airbus A330-200. Since the beginning of 2011, Garuda has welcomed eleven new aircraft, comprising two A330-200s and nine B737-800 Next Generations.
In mid October, Garuda Indonesia’s 48th B737-800 NG was delivered, which also happens to be the 123rd aircraft of the B737 series delivered to Garuda Indonesia. The new B738-800NG is the airline’s second Boeing 737-800NG equipped with Boeing’s newest technology, the “Boeing Sky Interior”, which produces different color schemes in the cabin. Calming sky blue, relaxing sunset and warm sunrise colors are designed to enhance passenger comfort during the flight.
As with the other new aircraft which have already arrived, the new fleet addition also comes with state-of-the-art in-flight entertainment or an Audio & Video on Demand (AVOD)” in every seat. The interior of this new aircraft is decorated with the distinctive touch of Indonesia seen in the batik seat upholstery and woven bamboo motif on the plane’s cabin partition.
As the nation’s flag carrier, Garuda Indonesia’s commitment to maintain and preserve the country’s rich cultural heritage is embodied in the airline’s unique brand of service called the “Garuda Indonesia Experience” which blends warm and gracious Indonesian hospitality with professional service. The Garuda Indonesia Experience service concept covers all stages of travel, from “pre-journey, preflight, in-flight, to post-flight and post journey”. In tune to this ongoing commitment, in mid October, 2011, Garuda Indonesia, together with Indonesia musician, Addie MS, and renowned Indonesian producer of health and beauty products, Mustika Ratu, launched two innovative services and products characteristic of the Garuda Indonesia Experience, viz. the “Sound of Indonesia” and the “Garuda Aromatic Fragrance”.
“Sound of Indonesia” is a collection of regional and traditional songs from all over the Indonesian archipelago that has been rearranged by Addie MS. “Sound of Indonesia” will be the official music played on board Garuda Indonesia flights, in the airline’s lounges and in the Garuda Indonesia sales offices. Some of the traditional songs contained in the collection are Rasa Sayange, Janger, Ayo Mama, and Tanah Airku.
Meanwhile, “Garuda Aromatic Fragrance” is a special blend of aroma therapeutic scent made from fragrant cloves and other exotic spices. The fragrance will perfume the interior of Garuda Indonesia aircraft, executive lounges as well as its sales offices. The "Garuda Aromatic Fragrance” blend was exclusively created by Mustika Ratu.
As part of Citilink’s rejuvenation program, Garuda Indonesia and GE Capital Aviation Services (GECAS) signed an operating lease agreement for six brand new Airbus A320, which will begin delivery in 2013. The operating lease agreement acts as a bridge before the arrival of the other Airbus aircraft purchased by the airline. Starting in September of 2011, five new A320s will also arrive successively every month and received by Citilink. Furthermore, following the agreement signed between Garuda Indonesia and Airbus for the purchase of twenty-five new aircraft, Citilink expects the arrival of its new fleet additions in 2014. The sales contract also specified an option for an additional twenty-five A320s.
Through the “Quantum Leap” program, Garuda Indonesia plans to expand its fleet from the existing 89 aircraft to 154 aircraft. The new additions will consist of B737-800NG for domestic and regional services, A330-300/200 for middle and medium ranges and B777-300ER for long haul flights. The age of the aircraft will be 5 years old on average.
Garuda Indonesia also plans to acquire sub-100 aircraft, which has less than a hundred seats, to serve smaller cities and fly direct without stopping over in Jakarta.
Jakarta, October 28, 2011
PT. GARUDA INDONESIA (Persero) Tbk.
VP CORPORATE COMMUNICATIONS
PUJOBROTO
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