Indonesian Political, Business & Finance News

Cathay upbeat on RI flights

| Source: JP

Cathay upbeat on RI flights

JAKARTA (JP): Cathay Pacific expressed optimism on Indonesia's
recovery under the newly elected leaders and launched on Tuesday
new uniforms and a new first class.

Country manager James W. Ginns said that under the country's
newly elected leaders, Indonesia had shown signs of economic
recovery.

"The company is optimistic that the improvement will favorably
influence business," he said.

As the economy is picking up, the company believed that the
favorable conditions would increase the load factor from 76
percent to 85 percent next year, he said.

"We also expect a 25 percent surge in revenue next year," he
told a media briefing at the launching.

"These products and services are the completion of a major
part of the airline's multimillion dollar investment, which has
included the launch of a new first class, new uniform, new
airport facilities and new corporate headquarters," Sarah
Blomfield, the company's product manager, said.

Cathay serves Jakarta, Denpasar and Surabaya with 19 flights
weekly. (06)

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