Profil Perusahaan

Garuda Indonesia (Persero) Tbk.

Code : GIAA
Name : Garuda Indonesia (Persero) Tbk.
Type : Emiten

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Businnes
: Commercial Air Transportation Services
Sector Code : K. Transportation & Logistics
Sector Name : K1
Industry : K11
Sub Industry : K111

Company Status
: PMDN

Foundation Status
: 1950-03-31

Brief of Company Background

The history of Garuda Indonesia is closely connected to the history of the nation and the struggle for independence. Garuda Indonesia's first began in 1949. Garuda Indonesia has been in the business for 60 years. And as Indonesia's flag carrier, it has stood by nation troughout times of change, providing safe, comfortable and reliable air transportation services.By the end of 1950, Garuda had 38 aircraft - 22 DC3s, eight Catalian seaplanes and eight Convair 240s. In 1953, the fleet grew to 46 with the addition of eight Convair 340s, and a year later 14 De Havilland Herons were added. The Catalina were taken out of service in 1955.In 1956 Garuda carried pilgrims to Mecca for the first time. In 1961, turbo-prop Lockheed Electras joined the fleet, enabling the launch of a service to Hong Kong. In 1965, Garuda began flying to Europe, terminating at Amsterdam. The following year, delivery was taken of Garudas first jet, a DC8.In 1969, Fokker F-27 turboprop aircraft went into service on domestic routes and two DC9s were delivered. Two jet F28s were added in 1971 and by 1980 Garuda had 24 DC9s and 33 F28s. The first of its DC10s were delivered in 1976, and the first of six Boeing 747-200s arrived in 1980. Then in 1983, came the A300 Airbuses, followed at the end of the 80s and early 90s by A300-600, B737-300s, MD11s and B737-400s.During the 1980s, Garudas fleet and operations underwent significant rationalization and restructuring in a period of unprecedented global civil aviation growth. Much greater emphasis was placed on the need for in-house servicing and Indonesia-based staff training. As a result, Garuda maintenance Facility at Soekarno-Hatta International Airport and the Garuda Training Centre in west Jakarta were established.By the early 1990s, Garudas future strategy was already looking beyond 2000. Its fleet of Boeing 737-300/400s was increasing in number and long-haul Boeing 747-400s were on order. At the time, Garuda Indonesia was amongst the 30 largest airlines in the world.In the beginning of 2005 charting the future of Garuda Indonesia was started, providing a complete re-evaluation and restructuring of the company with the objective of improving operational efficiency, re-building financial strength, heightening customer responsiveness, and most importantly, renewing and refreshing the spirit of Garuda Indonesia.For Garuda Indonesia, service is one of the important key performance indicators for its operations. Strategic measures that involve restructuring the entire service chain underline the airline’s commitment to be a customer-driven, full-service airline.Garuda Indonesia is now operating 51 aircraft that include three B-747-400s, six A-330-300s, and 37



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