Kamis 23 May 2024 23:19 WIB

Garuda Indonesia Group Business Revenue Grows 18.07 Percent

Garuda Indonesia Group's operating income to 711.98 million US dollars.

Rep: Rahayu Subekti/ Red: Erdy Nasrul
PT Garuda Indonesia (Persero) Tbk today (22/5/2024).
Foto: Garuda Indonesia
PT Garuda Indonesia (Persero) Tbk today (22/5/2024).

REPUBLIKA.CO.ID, JAKARTA -- PT Garuda Indonesia (Persero) Tbk in the first quarter of 2024 posted growth in group operating income of 18.07 percent on an annual basis. Garuda Indonesia Group's operating income amounted to 711.98 million US dollars in the period.

“These achievements also supported revenue growth on various fronts,” Garuda Indonesia President Director Irfan Setiaputra said in a written statement on Wednesday (22/5/2024).

Baca Juga

He explained that the line was a growth in scheduled airline revenue of 18.19 percent to 599.01 million US dollars. Unscheduled flights grew 53.57 percent to $19.67 million, and other revenue also registered an 11.92 percent increase to $92.28 million.

Irfan ensured that the company implemented various sustainable company performance initiatives. It is based on simple, profitable, and full-service key drivers.

“This is accompanied by optimism about the outlook of the aviation industry that has returned to the situation before the pandemic. We believe that efforts to bring the Company back to health can go on track as projected,” Irfan said.

Irfan added that Garuda Indonesia is making continuous efforts to continue accelerating performance amid optimism of the growth of the tourism industry, including the aviation industry. “Garuda Indonesia will continue to optimize various initiatives in various business lines that have the potential to support the company's revenue,” Irfan said.

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