Garuda Indonesia Focuses On Developing International Cargo Business, Take A Peek At The Strategy

Garuda Indonesia (Photo: Antara)

JAKARTA - The national airline, PT Garuda Indonesia (Persero) Tbk (GIAA) will expand its business line. One of the focuses is the development of the international cargo business in order to strengthen the company's performance growth.

In the second quarter of 2024, Garuda Indonesia has successfully recorded a growth in the number of cargo transportations by 37.80 percent or to 53,326 tons of cargo by year on year (YoY). The acquisition of cargo transportation was contributed by Garuda Indonesia (mainbrand) by 32,536 tons and Citilink by 20,790 tons.

One of these improvements was supported by the growth of general cargo commodities, especially Garuda Indonesia's international cargo traffic which grew by 54.01 percent.

Along with this achievement, Garuda Indonesia President Director Irfan Setiaputra said Garuda Indonesia will continue to optimize its commercial line optimization steps, including with the cargo business segment.

"The cargo business line, especially international cargo, is one of the focuses of business development which we are currently optimizing through various strategic initiatives in supporting the optimization of the acceleration of Garuda Indonesia's business performance," he told VOI, in Jakarta, Monday, August 26.

"Especially by maximizing high demand for air cargo transportation services for various types of leading commodities towards Indonesia," he continued.

Irfan said efforts to increase cargo traffic were carried out through various initiatives with strategic partners, including by increasing online cooperation with global airlines for cargo delivery from and to various countries.

"Like the United States, Canada, Australia, and Amsterdam," he said.

Irfan said that through optimizing this online cooperation, it is hoped that Garuda Indonesia will be able to transport additional cargo contents which can reach up to 70 to 100 tons per month.

"Along with the growth of cargo transportation that we achieved in the first quarter of 2024, we project that the outlook for cargo transportation in the second semester of 2024 has promising prospects," he explained.

Furthermore, Irfan said this prospect was reflected in the growth in the number of cargo transportations in the second quarter of 2024 by 37.80 percent or to 53,326 tons of cargo by year on year (YoY).

"One of these increases is supported by the growth of general cargo commodities, especially international cargo traffic of Garuda Indonesia, which grew by 54.01 percent," he said.

In addition, continued Irfan, the reflection was also strengthened by various national and international events such as the Independence Day Commemoration Series at IKN, and the XXI Aceh-North PON.

"Until the Mandalika MotoGP event in September, which is projected to be one of the factors that strengthen cargo transportation in Semester II-2024," he said.