Garuda Air Business Expansion
PT Garuda Indonesia has provided funding new loan of US $ 20 million to its subsidiary, PT Citilink Indonesia. Loan funds will be used Citilink for business expansion in 2015.
The acting President and CEO of Citilink, Albert Burhan, Saturday, December 27, 2014, said the expansion includes the opening of new routes, in eastern Indonesia and a number of regional service. In addition, the loan will be used to support the airline Citilink for the domestic market. Albert called the move at once to anticipate the ASEAN Open trade 2015.
“Moreover, during the first half of 2015, we continue to bring in five new Airbus A320 aircraft,” he said in a statement quoted.
Albert said, with the addition of the new aircraft, in 2015, Citilink will increase the frequency of its flights by 30 percent compared to 2014. Currently, the frequency of flights Citilink has reached 182 flights per day.
As information, until the end of 2014, the number of planes over 32 Airbus A320 aircraft. These planes serve 39 service flights in 23 major cities of Indonesia with a frequency of 182 flights per day.
While the average level flight punctuality throughout the airline flight until September 2014 reached 82.4 percent.[press reported]