• IATA Targets USD30 Million Revenues

    03 June 2015, 18:44 WIB

    JAKARTA - PT Indonesia Transport & Infrastructure Tbk (IATA) predicts revenue growth to reach 27.65% to $ 30 million this year, from the position of revenues of USD23,5 million in 2014.

    "We can reach USD30 million of revenues this year and there will be an increase of USD23 million from 2014," said Vice President of IATA Wishnu Handoyono in MNC Tower Building, Jakarta, Wednesday (3/6 / 2015).

    According to him, an increase in the company's revenue is obtained from the sale of old non-production aircraft and construction of coal terminal.

    The company's coal terminal has been developed since 2014 in which development has been completed and produced. He continued that the coal terminal development funds obtained from its own capital and bank loans.

    "We plan to regenerate old non-production aircraft sales. We explore the potential of buyer fokre 90-96, atr 300. Coal terminal will also contribute as much as USD6 million to USD7 million for production revenue, "he said.

    Meanwhile, the company is optimistic that it can achieve positive revenues this year.

    "We reduce nonproductive assets for maintenance and insurance, so that we can revitalize assets and get the profits," he added.

    Sorce : www.metronews.com

    (Gaby Oksavira)