Ticket Sales GIAA Targeted Up Two Digits
JAKARTA -
Garuda Indonesia's main airline is optimistic that profits through ticket sales
will grow 12.6 percent this year to US $ 2.9 billion.
Director of
Marketing & Information Technology Nina Sulistyowati said the revenue
increase will be vacated by domestic and international flight ticket sales.
Throughout
last year, revenue from ticket sales broke through US $ 2.6 billion with
details of revenues from domestic ticket of US $ 2.6 billion with details of
revenues from domestic ticket of US $ 1.98 billion and International amounting
to US $ 0.62 billion.
"Now
[2018] we are targeting [break] US $ 2.93 billion," he said on Monday
(2/4).
This year, he
targets revenues from domestic tickets exceeding US $ 2.1 billion while from
international ticket sales worth US $ 0.8 billion.
To increase
ticket sales, Garuda maintains customer service. "Therefore, it
differentiates Garuda Indonesia from other airlines," he explained.
He added
flight safety and timeliness (OTP) are also a major concern for national
airlines. Moreover, Garuda is an airline that sells services.
Unfortunately,
the level of airline OTP in 2017 reached 88.5%, or decreased compared to the
year 2016 of 89.5%. It is claimed to be caused by the impact of Mount Agung
eruption disaster at the end of last year.
Nina explains
the marketing of ticket sales not only for one flight route, but rather will
form a network of connectivity. For the Tokyo-Jakarta route, he quotes his team
aside from selling round-trip tickets as well as directing a continuing flight
to nearby destinations.
On the other
hand, issuers with GIAA code actively cooperate with domestic companies, both
private and state-owned. In fact, the development of such efforts will be made
to overseas companies. "We will develop more cooperation with foreign
companies," he said.
He also
continues to increase the utilization of aircraft that is currently claimed to
have reached 10 hours per day. The increase in aircraft utilization depends on
airport management, such as the opening of new airports or the addition of
hours of operation.
In addition
to ticket revenues, Nina explained that revenue also contributes to earnings
also contributes to additional revenue or additional revenues outside the core
business that reached US $ 54 million throughout 2018.
According to
him, the target of additional revenue this year increased significantly
compared to the achievement of 2017 which is only US $ 38 million.
Nina stressed
that revenue growth from inorganic businesses is the highest in the company.
The realization of additional revenue in 2017 is claimed to grow 63% compared
to 2016.
He stressed
that the inorganic business income of the GIAA code company is largely
contributed from the business of baggage claim management and Garudamiles,
additional revenue is contributed from advertising services to Garuda Shop.
Commercial
Director - International Passenger & Cargo Garuda Sigit Muhartono said
international airline ticket sales revenue growth will continue to grow to
offset domestic routes.
Currently,
revenue from international route ticket sales is still inferior to domestic
routes. In addition, most of the operating routes are domestic. "Hope his
future could be 50:50," he said.
Last year,
the revenue ratio of domestic and international ticket sales was 76:24, or well
below that expectation.
Currently, he
continued, Garuda has 68 domestic routes, while international routes are 22
routes. Favorite destinations for international routes are Singapore, while
high growth destinations, China and Japan.
He will
review a number of international routes that have a low passenger seat (load
load factor), so it can be transferred to favorite routes.
"We are
still reviewing the basic performance, because the behavior of tourists will
continue to shift, for example, the Chinese market is now growing big, not yet
like this," he said.
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