Profitability Analysis of Jakarta–Makassar Round-Trip Route Using Garuda B737-800NG Aircraft in 2019

2023-01-25
Published
104-125
Pages
OPEN
Access
MH
Mochamad Arif Hernawan
Institut Transportasi dan Logistik Trisakti
MP
Muhammad Yoga Pramudya
Institut Transportasi dan Logistik Trisakti
TW
Tito Warsito
Institut Transportasi dan Logistik Trisakti
Abstract

Purpose: This study analyzes the profitability of the CGK–UPG round-trip route operated by Garuda Indonesia using the Boeing 737-800NG in 2019, focusing on market share, revenue, costs, and overall profit.

Research Methodology: The data analysis method used was Library Research. Second, descriptive data analysis. quantitative, to explain existing data regarding the market analysis of the CGK – UPG PP flight route with use type aircraft B737-800NG data passenger actual Which obtained 186,266 for a period of three months so that the average per month based on the analysis is 93,133. From the results of 849, the calculation of the CGK – UPG Route using the B737-800NG obtained Revenue of US$ 12,262,505 / 3 months, Cost of US$ 11,062,896.71 / 3 months, Profit of US$ 1,210,008.29.

Results: From the results of the calculation of the Route UPG – CGK using B737-800NG, the revenue of US$ 14,694,363, Cost of US$ 13,844,662.34, Profit and US$ 849,700.66, respectively.

Conclusions: Garuda Indonesia holds a 25% frequency share with a 24% passenger share. The route generates total revenue of US$ 26,946,468 and total costs of US$ 21,114,838.46, resulting in a profit of US$ 5,852,429.54, indicating that the route is profitable.

Limitations: The study relies on secondary data and several cost assumptions, such as fuel price and load factor, and is limited to a three-month period in 2019 without accounting for seasonal variations.

Contributions: This study provides a structured model for evaluating airline route profitability, offering practical insights for airline decision-making in revenue and cost management for Boeing 737-800NG operations.

Aircraft CGK-UPG PP, Garuda B737-800NG Profitability
How to Cite
Hernawan, M. A., Pramudya, M. Y. ., & Warsito, T. . (2023). Profitability Analysis of Jakarta–Makassar Round-Trip Route Using Garuda B737-800NG Aircraft in 2019. Jurnal Transportasi, Logistik, Dan Aviasi, 2(2), 104-125. https://doi.org/10.52909/jtla.v1i1.41
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How to Cite

Hernawan, M. A., Pramudya, M. Y. ., & Warsito, T. . (2023). Profitability Analysis of Jakarta–Makassar Round-Trip Route Using Garuda B737-800NG Aircraft in 2019. Jurnal Transportasi, Logistik, Dan Aviasi, 2(2), 104-125. https://doi.org/10.52909/jtla.v1i1.41
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