Garuda's US return to generate 5% of 2017 revenue: CEO
Montreal
GARUDA, Indonesia's national carrier, expects its return to the United States next year with three flights a week to generate about 5 per cent 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, adding that the new flights would be a "milestone" for Garuda, which reported US$3.81 billion in total operating revenues in 2015.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger
Baltimore’s trapped ships start leaving as new channel opens
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada