Jakarta (ANTARA News) - State airline PT Garuda Indonesia said its net loss last year narrowed to 197.08 bln rupiah from a loss of 688.47 bln in 2005, aided by non-operating income and a reduced operating loss.
The company said its sales declined slightly to 12.34 trln rupiah from 12.65 trln the year before but the operating loss fell sharply to 378.73 bln from a loss of 668.07 bln in 2005.
It said the bottom line was boosted by net other income of 251.8 bln rupiah against net other charges of 16.74 bln in 2005.
Garuda also said that in the first quarter to March this year, it booked net profit of 114.85 bln rupiah on sales of 3.14 trln rupiah and operating profit of 114.02 bln.
It said its seat load factor (SLF) rose 77.3 pct in the first quarter from 69.9 pct in the first quarter of last year.
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