The first half of 2022 is a breath of fresh air for PT Garuda Indonesia. This red-branded airline earned a net profit of $ 3.8 billion or Rp 57.28 trillion.
Last year around the same time, PT Garuda Indonesia noted that the company received a net loss of $ 898.65 million.
“Garuda, in addition to being positive in terms of operations, we also recorded a net profit of $ 3.8 billion in the first half of 2022”, said the president, director of PT Garuda Indonesia (Persero) Tbk Irfan Setiaputra in a ‘hearing with the XI DPR RI Commission, Monday (26/9).
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According to Irfan, the profit was made thanks to debt restructuring income in line with the approval of the peace agreement in the debt repayment obligation deferral process (PKPU). The trial, he said, resulted in Garuda’s net worth improving from a negative $ 5.3 billion to a negative $ 1.5 billion.
In addition, Irfan said the value of the debt Garuda Indonesia it also decreased from $ 10.1 billion before the restructuring to $ 5.1 billion after the restructuring.
“So most of this $ 3.8 billion was obtained from there, namely debt consolidation, so the debt that fell from $ 10 billion to $ 5 billion was a major cause. as well as the performance of its assets, “said Irfan.
Irfan also said Garuda Indonesia will perform route optimization. One of these is to increase travel w to 18% in 2022. The domestic target has increased from this year to only 14%.
According to Irfan, the domestic market can provide greater profits than the international market.
“We need to redefine the definition of a nationally proud airline. A nationally proud airline doesn’t need or shouldn’t actually fly anywhere, have all kinds of aircraft and win all kinds of tools, but it’s not profitable. The airline’s name National Pride is a profitable airline, ”said Irfan.
Watch videos”Seconds the Garuda plane experiences turbulence until passengers scream hysterically“
[Gambas:Video 20detik]
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