Indonesian Political, Business & Finance News

Polonia's revenues up

Polonia's revenues up

JAKARTA (JP): The Polonia airport at Medan, North Sumatra,
reported a 9 percent revenue increase from Rp 24.5 billion
(US$10.65 million) in 1994 to Rp 26.7 billion last year, an
executive said yesterday.

"Last year's revenue exceeded our target of Rp 24 billion,"
the head of the Polonia branch of the state-owned airports firm
PT Angkasa Pura II, Mulyono DS, was quoted by Antara as saying in
Medan.

Mulyono said the revenue increase was generated by a 4.16
percent rise in airplane traffic, a 19 percent increase in the
number of passengers and a 16.6 percent growth in cargo services.
(04)

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