Garuda Indonesia slows down international growth as its losses increase

Garuda Indonesia (Jakarta) according to the Jakarta Post “is canceling this year’s plans to open two new international routes; Jakarta–Manila and Jakarta–Mumbai, as the company suffered from increasing losses during the first half of this year, a Garuda senior executive said.

As previously reported, the state-owned enterprise recorded a loss of $211 million from January to June, almost 20 times greater than a $10.92 million loss booked in the same period last year.”

The company will drop the Jakarta-Taipei route on August 10.

Garuda Indonesia started flying nonstop flights between Jakarta and Amsterdam on May 30, 2014 using its brand new Boeing 777-300 ER aircraft (pictured above).

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Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 777-3U3 ER PK-GIF (msn 29148) taxies at Amsterdam, its new nonstop European destination.

Garuda Indonesia: AG Slide Show

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Domestic Route Network:

Garuda Indonesia 8.2014 Route Map

International Route Network:

Garuda Indonesia 8.2014 International Route Map