Garuda Indonesia Group books Net Income of US$9.35 Million for 2016, Maintaining Positive Performance
2017年3月24日 - 5:20PM
JCN Newswire
National airline PT Garuda Indonesia (Persero) Tbk (GIAA.JK) and
its subsidiaries maintained positive performance throughout 2016
with a net profit of US$9.36 Mil, or the equivalent of IDR 124.5
Bil (exchange rate IDR 13.300 per US$), while carrying a total of
35 Mil passengers on both Garuda Indonesia and Citilink
Indonesia.
The positive achievement was detailed in the Group's analyst
meeting which took place today at Garuda Indonesia headquarters in
Cengkareng, and was attended by Garuda Indonesia directors and all
the directors of the subsidiaries. The subsidiaries in attendance
were Citilink Indonesia, Garuda Maintenance Facility
(GMF-AeroAsia), Aerowisata, Sabre, Asyst and Gapura.
"As we know, the trend in growth for the world aviation industry,
especially for the Asia-Pacific region, has been under pressure for
the last five years, especially as a result of the global economic
slowdown that has affected the purchasing power of people, but the
Garuda Indonesia Group can still maintain its positive
performance," explained President Director of Garuda Indonesia, M.
Arif Wibowo to reporters at the occasion.
Referring to the performance review of the Asia Pacific aviation
industry released by the passenger yield of the Asia Pacific
aviation industry in the past five years has experienced a
significant downward trend, from USC 9.6/km in 2012 to USC 6.2/km
in 2016. However, the passenger traffic recorded showed an
increasing trend from 511.6 Mil passengers in 2012 to 632.8 Mil
passengers in 2016.
"The study indicates that despite showing an increase in passenger
traffic in the aviation industry in the Asia Pacific region, there
has actually been a decreased yield because most carriers have been
participating in the expansion of their business development
strategy," he said.
"Through its long-term business strategy, "Sky Beyond", the Garuda
Indonesia Group was able to maintain profitability with various
policies, ranging from the company's efficiency program,
proportional consolidation of production capacity, to strengthening
the service line and the company's operations. In addition, the
company also continued to grow expansively to maintain positive
margins and recorded a total consolidated revenue of US$3.86 Bil,"
added Arif.
Entering the competitive aviation industry in 2017, Garuda
Indonesia will strengthen a number of commercial sectors and
commerce by accelerating the development of service-based IT by
optimizing customer loyalty programs to strengthen the device
platform of e-commerce, so that the company can deliver a seamless
service to all passengers.
Throughout 2016, the frequency of Garuda Indonesia flights also
rose 9.89% to 274.969 from a total of 249.974 flights in 2015. The
increase in flight frequency is in line with the company's efforts
to expand its network in both the domestic and international
market.
"2016 was a year of investment for the company, considering that we
maximized the utilization of wide body aircraft for the expansion
of international routes in the middle to long haul sector. In the
future, we project that cycle fleet restructuring will next be
carried out in 2019," said Arif.
Following the development of the cargo business, Garuda Indonesia
managed to increase total cargo to 415.824 tons, an increase of
18.22% from 2015, when the total reached 351.724 tons. The overall
amount of revenue in the cargo market in 2016 was recorded at
US$219.15 Mil, an increase of 16.65% compared to the US$187.87 Mil
booked in 2015.
"The growth in Garuda Indonesia's cargo markets was carried out by
optimizing cargo space, which included maximizing the commodities
that have high yields - including building synergies with other
sectors of the logistics industry in maximizing the reach and
service of Garuda air cargo products until reaching aspects of the
door to door services. In the future, we will also increase the
capacity of the cargo business through the existing routes of
international flights we serve," said Arif.
Related to the situation of the aviation industry in the
Asia-Pacific region which is experiencing intense competition and
has affected both domestic and international flights, the position
of Garuda Indonesia at this time recorded a market share of 41.71%
in the domestic market and 26.93% for the market share of
international markets.
Meanwhile, the Garuda Indonesia Group also managed to record an
increase in scores of other income consisting of components of
ancillary revenue, income sector strategic business unit (SBU), to
other subsidiaries with the achievements of the sector amounted to
US$392 Mil, an increase of 13.7% compared to the 2015 total of
US$344.6 Mil.
Regarding operational performance in terms of On Time Performance
(OTP) in 2016, Garuda reached 89.51%, up from 88% the previous
year, which was achieved despite the challenging flight operations
due to infrastructure development such as the domestic services
migration to the new Terminal 3 at Soekarno-Hatta to weather
factors, or force majeure. Meanwhile, the average occupancy rate
throughout 2016 was 73.1% for Garuda Indonesia and 76.8% for
Citilink.
In line with the ongoing network expansion program, during 2016,
Garuda Indonesia opened a number of exciting new flight
destinations like Medina, Mumbai, and several other domestic
destinations such as Sintang, Silangit, Nabire and Maumere. By the
end of 2016, Garuda Indonesia was serving flights to and from a
total of 19 international destinations and 64 domestic
destinations.
During 2016, the Garuda Indonesia Group also focused on additional
flight capacity as part of the revitalization program development
by bringing 17 aircraft fleet, which consisted of four ATR 72-600
aircraft, four A330-300s, one B777-300ER aircraft and eight A330
-200. Thus, by the end of 2016, the Garuda Indonesia Group operates
196 aircraft with an average aircraft age of 4.6 years.
Facing the increasingly competitive projections of the global
aviation industry, Garuda Indonesia has sustained and continues to
even strengthen its services by applying the concept of "Excellent
Indonesian Hospitality" which is a service philosophy to promote
the famous Indonesia hospitality. The formula has produced
remarkable results, the Garuda Indonesia cabin crew was awarded
"The World's Best Cabin Staff" from Skytrax (agency independent
aviation in London) three times in a row (a hat-trick) from 2014 to
2016.
In addition to the World's Best Cabin Staff, Garuda Indonesia will
maintain its reputation as an airline with a five star service,
among them: Top 5 World's Best Airlines in Asia, Top 10 World's
Best First Class Airlines, Top 10 World's Best Economy Class
Airlines, and The Most Loved Airline. Beside Skytrax, Garuda
Indonesia was also awarded "Outstanding Food Service by a Carrier"
by Pax International Magazine, Top 10 World's Most Favorite
Airlines TripAdvisor version, Best Cabin Services by Smart Travel
Asia, and Best First Class Sparkling Wine-Champagne version of
Business Traveller.
Adout Garuda Indonesia
Garuda Indonesia is the national flag carrier of Indonesia, serving
as full service carrier and providing low-cost carrier services
through our subsidiary PT Citilink Indonesia. Garuda Indonesia has
mission to become the flag carrier of Indonesia that promotes
Indonesia to the world, supports national economic development by
delivering professional air travel services. For further
information about Garuda Indonesia, please visit
www.garuda-indonesia.com.
Contact:
Garuda Indonesia-
Benny S. Butarbutar
VP Corporate Communication
Benny@garuda-indonesia.com
About Garuda Indonesia Group
Garuda Indonesia Group [IDX:GIAA] operates a total of 194 aircraft,
consisting of ten (10) Boeing 777-300ER, twenty-five (25) Airbus
A330-200/300, two (2) Boeing 747-400, seventy-six (76) Boeing
737-800NG, eighteen (18) Bombardier CRJ1000 NextGen, and fifteen
(15) ATR72-600, with a 146 aircraft operated by Garuda Indonesia,
and forty (40) Airbus A320 and eight (8) Boeing 737-300/500, or 48
aircraft operated by Citilink, with an average aircraft age of 4.6
years.
Concerning services performance, the management is implementing the
"Excellent Services" program that requires sustainable service
development. It has shown remarkable results with "The World's Best
Cabin Staff" award received by Garuda Indonesia's cabin crew from
Skytrax (an independent aviation rating institution in London) for
the third consecutive time (a hat-trick) from 2014 to 2016.
In addition to the World's Best Cabin Staff award, Garuda Indonesia
has maintained its reputation as a five-star airline, including
being named; Top 5 World's Best Airlines in Asia, Top 10 World's
Best First Class Airlines, Top 10 World's Best Economy Class
Airlines, and The Most Loved Airline.
Aside from Skytrax, Garuda Indonesia also won the "Outstanding Food
Service by a Carrier" award from Pax International Magazine, the
Top 10 World's Most Favourite Airlines from TripAdvisor, Best Cabin
Services by Smart Travel Asia, and Best First Class Sparkling
Wine-Champagne from Business Traveller. For more information,
please visit www.garuda-indonesia.com.
配信代行: JCN
Source: Garuda Indonesia Group
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