Garuda's international traffic hit by Bali's volcanic eruption
Garuda Indonesia has estimated its international traffic will be down by 15% in the period between mid-November and the year's end due to the volcanic eruption on the holiday island of Bali. However, the lossmaking airline aims to be back in profit next year with an increase in revenue of 10-12%, CE Pahala Mansury said Monday. Garuda reported a US$222m net loss for in the first 9 months of 2017. Asked about the impact of the eruption of the Mount Agung volcano, which has cut tourism on Bali and shut the airport for several days last month, Mansury said local demand for travel to Bali had held up better than international flights. "The impact to domestic demand is not too significant. It only decreased by 5%," Mansury said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-12-19/sky/garudas-international-traffic-hit-by-balis-volcanic-eruption
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Garuda's international traffic hit by Bali's volcanic eruption
Garuda Indonesia has estimated its international traffic will be down by 15% in the period between mid-November and the year's end due to the volcanic eruption on the holiday island of Bali. However, the lossmaking airline aims to be back in profit next year with an increase in revenue of 10-12%, CE Pahala Mansury said Monday. Garuda reported a US$222m net loss for in the first 9 months of 2017. Asked about the impact of the eruption of the Mount Agung volcano, which has cut tourism on Bali and shut the airport for several days last month, Mansury said local demand for travel to Bali had held up better than international flights. "The impact to domestic demand is not too significant. It only decreased by 5%," Mansury said. <br/>
