PT Garuda Indonesia (Persero) Tbk. has booked a US$29.3 million net profit in the first half of 2015, representing a 114.5 per cent jump over the same period last year, which was a negative US$201.3 million. Garuda said the performance growth – amidst the economic down turn – has been achieved through various initiatives by the carrier as part of its ‘Quick Wins’ programme, as well as a continuous efficiency strategy. Garuda Indonesia also succeeded in increasing its operating revenue to … [Read more...] about Garuda back in the black with US$29.3m net profit
Air Cargo Asia
Bad weather hampers Indonesia crash recovery
Bad weather hampered efforts to recover the bodies of 54 passengers and crew killed when a plane operated by Indonesian carrier Trigana Air crashed in remote eastern Indonesia. The ATR 42-300 twin-turboprop went down on Sunday during a short flight in bad weather in Papua province, killing everyone on board. Rescuers finally reached the crash site, near the settlement of Oksibil that had been the plane’s destination, two days later after initial efforts were hindered by the rough terrain, … [Read more...] about Bad weather hampers Indonesia crash recovery
JAL sees cargo fortunes rise in Q1
The JAL Group (JAL) has announced its volume of international cargo in terms of Revenue Cargo Tonne Kilometres (RCTK) in the first quarter (1 April to 30 June 2015) increased by 9.4 per cent year-on-year and international cargo revenue increased by 5.1 per cent to 14.7 billion yen (US$117.8 million). On the international cargo front, JAL noted that as special shipments from Japan to North America owing to the US west coast port strike showed signs of returning to normal, the group “improved … [Read more...] about JAL sees cargo fortunes rise in Q1
Vietjet awarded IOSA certification
Vietjet has received the certificate of IATA Operational Safety Audit (IOSA) from the International Air Transportation Association (IATA), putting it in the top 16 per cent of the world’s airlines which have achieved that standard. Vietjet also received an Acknowledgement Certificate from Prime Minister of Vietnam Nguyen Tan Dung for its continuous contributions to the development of Vietnam’s economy and society in recent years. The carrier noted these are major accomplishments and a “hugely … [Read more...] about Vietjet awarded IOSA certification
Jetstar adds three SEA destinations
Jetstar Asia is expanding its coverage in Southeast Asia with the launch of direct flights to three new destinations using A320 equipment. From this fall, the Singapore-based low-cost carrier will launch services to the Indonesian cities of Palembang and Pekanbaru and Danang in central Vietnam. Flights to Palembang and Pekanbaru, the second and third largest cities in Sumatra, will start on 29 October and 5 November respectively and both routes will operate three times a week. Flights to … [Read more...] about Jetstar adds three SEA destinations
SIA Cargo sees revenue decline 7.2% in quarter
The Singapore Airlines Group earned an operating profit of S $111 million (US$80.9 million) in the carrier’s first quarter (April-June) of 2015, S$72 million higher than the same quarter last year. After non-operating items, Group net profit improved $56 million year-on-year to S$91 million. Cargo revenue also declined over last year by 7.2 per cent to a loss of $37 million, notwithstanding a slight increase in freight carriage, due to what SIA said was a 7.6 per cent fall in yield. SIA Cargo … [Read more...] about SIA Cargo sees revenue decline 7.2% in quarter
