Indonesian Political, Business & Finance News

Garuda's net revenues up

Garuda's net revenues up

JAKARTA (JP): The state-owned air carrier Garuda Indonesia recorded a 63.25 percent increase in net revenues last year from sales of tickets and cargo services in Jakarta alone.

Garuda's general manager for Jakarta, Iwan H. Susilo, said here over the weekend that out of the company's total revenues in 1995, 45 percent came from sales in Jakarta.

He said that in 1994, Garuda's Jakarta office contributed 40 percent to the company's total revenues.

When asked, he refused to specify the amount of revenues.

According to Garuda's recent report to the House of Representatives, the air carrier earned a total profit of Rp 18.8 billion (approximately US$8 million) in the first three quarters of 1995 but figures for revenues were not available.

Iwan said that Garuda has introduced several new services. "For instance, we have introduced city check-in services at five locations in Jakarta. Passengers can pay the exit tax at the city check-in counters at the Jakarta International Trade Center in Mangga Dua, West Jakarta, and the Dharmala Sakti building on Jl. Sudirman, Central Jakarta," he said during a gala dinner here to award travel agents which sold over US$300,000 worth of Garuda tickets in 1995.

He said that Garuda also introduced a "phone and flight" service which allows passengers to buy international and domestic tickets over the telephone.(icn)

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