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Garuda aiming for US$75m profit in 2018 after cost cuts

The loss-making airline is boosting aircraft utilisation, lowering expenses and wooing global customers

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Garuda is also leveraging Indonesia's geographic position to get more overseas customers. Revenue from international flights expanded almost 15 per cent in the first half from a year earlier, while the share from domestic travel fell.

Jakarta

PT GARUDA INDONESIA is targeting a return to profit next year after a loss in 2017 as the flag carrier works to reduce expenses and operations improve.

The airline is predicting a profit of US$75 million in the second half ending December but won't be able to post a profit

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