Garuda aims to garner 24% revenue hike
Garuda Indonesia is expecting a revenue increase of 24% this year amid expectations of an improving economy. Garuda financial director IGN Askhara Danadiputra said that many factors would support hitting the target, including the country’s GDP, which was expected to fare better than last year. “The additional fleets and routes would also support the target,” he said, while adding that the final figures for last year’s revenues were still being audited. Garuda has aimed to add 15 aircraft to its fleet this year through a leasing scheme, according to Askhara. The new aircraft were also intended to aid the expansion of routes in this year’s changing strategy. Garuda president director Arif Wibowo stated that it would shift gears for international expansion starting this year with its “Sky Beyond” strategy.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-01-18/sky/garuda-aims-to-garner-24-revenue-hike
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Garuda aims to garner 24% revenue hike
Garuda Indonesia is expecting a revenue increase of 24% this year amid expectations of an improving economy. Garuda financial director IGN Askhara Danadiputra said that many factors would support hitting the target, including the country’s GDP, which was expected to fare better than last year. “The additional fleets and routes would also support the target,” he said, while adding that the final figures for last year’s revenues were still being audited. Garuda has aimed to add 15 aircraft to its fleet this year through a leasing scheme, according to Askhara. The new aircraft were also intended to aid the expansion of routes in this year’s changing strategy. Garuda president director Arif Wibowo stated that it would shift gears for international expansion starting this year with its “Sky Beyond” strategy.<br/>
