CASS predicts 29% revenue growth

Victoria
By Victoria May 22, 2013 13:44

CASS predicts 29% revenue growth

In-flight catering company, PT Cardig Aero Services (CASS), is targeting to post a 29% revenue increase by year’s end as it has secured new clients.

Cardig CEO Nurhadijono Nurjadin said that the company’s revenues rose by 29% in the first quarter of the year to Rp 301.3 billion (US$30.7 million) compared to the same period last year, while it was aiming for another 29% revenues increase by the end of the year from the Rp 1 trillion it booked last year.

“We won new clients — namely Jetstar Airways, Air New Zealand and Air Asia — for our line maintenance services,” he said, referring to the Australian, New Zealand and Malaysian airlines.

He added that Mandala Airlines had returned to Cardig’s client list for maintenance services after the airline resumed operations in April last year.

Victoria
By Victoria May 22, 2013 13:44
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