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
Garuda Indonesia
Garuda signs LOI for 30 A350 XWB
Garuda Indonesia has signed a Letter of Intent (LOI) with Airbus for the purchase of 30 A350 XWB aircraft. Garuda Indonesia plans to use the A350 XWB to develop its medium and long haul network, with the aircraft offering the ability to fly non-stop from Jakarta or Bali to Europe. Arif Wibowo, CEO of Garuda Indonesia, said: “Following our success in revitalising our regional operation in Asia and the Pacific, the development of our long haul network will be a priority in the coming … [Read more...] about Garuda signs LOI for 30 A350 XWB
Garuda increases Jakarta-Amsterdam frequency
Garuda Indonesia will reduce its flights between Jakarta and London Gatwick in favour of additional flights to Amsterdam. Operated on the B777-300ER, the airline will increase flight frequency of the Jakarta - Amsterdam route from five times to six times a week starting from 11 July 2015. To add more flights between Jakarta and Amsterdam, Garuda’s London services drop from five-times-weekly via Amsterdam to three-times-weekly, and retain the Dutch detour in each direction. That’s … [Read more...] about Garuda increases Jakarta-Amsterdam frequency
Garuda orders 50 B737 MAX 8s
Garuda Indonesia has ordered 50 B737 MAX 8s, valued at US$4.9 billion. Boeing said that the carrier will purchase 46 737 MAX 8s and convert existing orders for four 737-800s to 737 MAX 8s. This revitalisation programme is due to the end of the lease term for the airline’s existing 12-year-average B737-800NG aircraft. Garuda will take delivery of its new B737 MAX 8 aircraft in stages, starting from 2017 through to 2023. The MAXs will be powered by CFM International LEAP-1Bs, the … [Read more...] about Garuda orders 50 B737 MAX 8s
Garuda launches Jakarta-London service
Garuda Indonesia extends its presence in Europe by launching the new service from Jakarta to London via Amsterdam as part of the airline's transformation programme "The Quantum Leap 2011-2015". London serves as the airline's second gateway in the region after Amsterdam. Executive vice president marketing and sales of Garuda Indonesia Erik Meijer commented, "We are very pleased to be able to add London to our extensive global network. There are strong business, educational and cultural ties … [Read more...] about Garuda launches Jakarta-London service
Garuda reinstates Jakarta-Haneda direct service
Garuda Indonesia has officially reinstated its daily Jakarta - Haneda service from 15 June 2014 utlising A330-300 equipment to meet what it says is market demand and broaden its flight network. For Garuda Indonesia, the occasion signifies an important moment in history as its echoes the airline's first flight from Indonesia to Japan on 13 March 1962 which departed from the old Kemayoran Airport Jakarta for Haneda via Hong Kong, using a Lockheed L-118 Electra. … [Read more...] about Garuda reinstates Jakarta-Haneda direct service
