Indonesia's Garuda's US return to generate 5 percent of 2017 revs - CEO

Indonesia's Garuda's US return to generate 5 percent of 2017 revs - CEO
 

Garuda Indonesia's (GIAA.JK), the country's national carrier, expects its return to the United States next year with three flights a week to generate about 5 percent of the airline's top-line passenger revenue for 2017, its chief executive said.
The airline is now negotiating rights to start service from Jakarta to Los Angeles via Japan, Chief Executive Officer Arif Wibowo said in an interview. He said the new flights would be a "milestone" for Garuda, which reported $3.81 billion in total operating revenues in 2015.
Garuda's plans follow an August announcement by the U.S. Federal... read more

 
30 September 2016 in Business, Views: 44
Source: Reuters
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