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December 01, 2015 12:27 PM ET


Company Overview of PT Garuda Indonesia (Persero) Tbk

Company Overview

PT. Garuda Indonesia (Persero) Tbk operates as an airline company in Indonesia and internationally. The company operates through Flight Operations and Aircraft Maintenance segments. The company provides domestic and international flight services; and aircraft maintenance services. The company also offers computerized reservation system, overhaul, information technology, travel agency, ticketing, aircraft rental, catering, hotel management, and cargo services. As of June 16, 2015, it operated a fleet of approximately 160 aircraft. PT. Garuda Indonesia (Persero) Tbk was founded in 1949 and is headquartered in Jakarta, Indonesia.

Jl. Kebon Sirih No. 44



Founded in 1949

16,539 Employees

Key Executives for PT Garuda Indonesia (Persero) Tbk

PT Garuda Indonesia (Persero) Tbk does not have any Key Executives recorded.

PT Garuda Indonesia (Persero) Tbk Key Developments

ANA Holdings Mulls Acquisitions In Asian Airlines

ANA Holdings Inc. (TSE:9202) is seeking acquisitions. ANA Holdings Inc. is looking to bolster its hold on Asian traffic through equity stakes in other Asian carriers and joint venture agreements, said Chief Executive Shinya Katanozaka. "We are approaching a number of Asian airlines," Shinya Katanozaka said in an interview. ANA said it is considering investments in Vietnam Airlines Company Limited, Shinya Katanozaka said, though it also may deepen its cooperation with PT Garuda Indonesia (Persero) Tbk (JKSE:GIAA) and Philippine Airlines, Inc. with equity stakes. ANA would be limited to a minority share. Shinya Katanozaka said, "We are trying to find another partner in Myanmar." “ANA was going to take a 49% stake in Asian Wings Airways Limited but pulled out over concern about intensified competition,” Shinya Katanozaka said. ANA Holdings is exploring possible joint venture agreements with Asian carriers.

PT Garuda Indonesia (Persero) Tbk Presents at Asian High Yield Corporate Day 2015, Nov-12-2015

PT Garuda Indonesia (Persero) Tbk Presents at Asian High Yield Corporate Day 2015, Nov-12-2015 . Venue: Hong Kong.

Garuda Indonesia Reports Earnings Results for the Third Quarter of 2015

Garuda Indonesia reported earnings results for the third quarter of 2015. For the quarter, the company reported net income Of $51.4 million, increase of 123.4% compared with last year's loss of $220.1 million. The company has also succeeded in increasing total revenue from $2.831 billion in 2014, to $2.845 billion in 2015 whilst total expenses have dropped from $3.08 billion to $2.72 million.

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