_garuda-relies-on-cutting-costs-as-a-barrier-to-rising-oil-prices.jpg "Garuda relies on cutting costs as a barrier to rising oil prices. from giaa Video Screenshot Preview")
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⏲ Duration: 1 min 5 sec
✓ Published: 20-May-2015
✓ Published: 20-May-2015
Description:
JAKARTA - PT. Garuda Indonesia Tbk (GIAA) finally posts profit according to the first quarter financial statement. This is the result of the company's more effective cost efficiency program and initiative that adopted by Garuda.nnSince oil prices increased to US$ 67 per barrel,according to Gusti Ngurah, director of Garuda Indonesia, they hedged 50% of the budget.nnHe added
JAKARTA - PT. Garuda Indonesia Tbk (GIAA) finally posts profit according to the first quarter financial statement. This is the result of the company's more effective cost efficiency program and initiative that adopted by Garuda.nnSince oil prices increased to US$ 67 per barrel,according to Gusti Ngurah, director of Garuda Indonesia, they hedged 50% of the budget.nnHe added
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