Note: starting from 2012, Garuda Indonesia reports its financial highlights in million US Dollar instead of billion IDR rupiahĢ009-2011 in billion IDR rupiah 2012-2017 in million USD, except stated otherwise Source: Garuda Indonesia, Annual Report 2017 Garuda Indonesia's Operational Highlights: In 2014, Garuda Indonesia became the 20th member of the SkyTeam alliance (one of the world’s three airline alliances) as the routes offered by SkyTeam airlines and Garuda Indonesia complete each other. The market share in terms of international passengers is around 25 percent. With regard to all domestic routes, Garuda and Citilink (Garuda's low-cost subsidiary) were able to increase its combined market share to between 20 and 25 percent. Soekarno-Hatta (Jakarta - Java), Ngurah Rai Denpasar (Bali), Sultan Hassanudin Makassar (Sulawesi) and Juanda Surabaya (Java) is about 25 to 30 percent. Garuda's market share for routes from and to Indonesia's four most important airports i.e.

The airline serves 57 domestic destinations. A further 26 international destinations are provided in code share arrangements with a number of other global carriers. At end-2014, Garuda provided international flights to 19 destinations in Europe, the Middle East, Southeast Asia, East Asia and Australia. Having a five star review from Skytrax, this airline provides a good standard of product across all travel categories.

Garuda Indonesia is the only top class airline in Indonesia. Through its subsidiary Citilink Indonesia, Garuda plays its part in Indonesia's low-cost aviation sector. However, fierce competition between airlines (particularly the low-budget ones) has caused limited revenue generation from ticket sales and has put smaller airlines under serious stress or (near) collapse. This recent transition is remarkable considering that from June 2007 to July 2009, Garuda (and all other Indonesian airlines) were banned from flying to the Eurozone due to safety concerns (most other Indonesian airlines are still banned today).Īs the number of air passengers in Indonesia (and the Pacific) is expected to increase significantly in the near future, companies that are engaged in the Indonesian aviation industry find themselves in a potentially lucrative position. Garuda's tagline 'The Airline of Indonesia' shows that the company markets itself as an exclusive brand. Lastly, in late 2014 Garuda was recognized as a five-star airline by Skytrax. In 2012, Skytrax named Garuda as the world's best regional airline. In 2010, Skytrax promoted Garuda to a four-star airline and proclaimed Garuda as the world's most improved airline. In recent years, Garuda has experienced a remarkable transition towards becoming a world-class airline that is acknowledged by international critical acclaim and positioned within the top ten of the world's best airlines.

Garuda airways