COVID-19 pandemic causes severe losses for Indonesia’s railway industry
Managing director of Indonesia’s national railway company PT Kereta Api Indonesia (KAI), Didiek Hartantos, said its revenue has plummeted 24.2 billion rupiah (1.6 million USD) a day due to the COVID-19 pandemic.
Checking body temperature in Indonesia (Photo: Xinhua/VNA)Jakarta (VNA) - Managing director of Indonesia’s national railway company PT Kereta Api Indonesia (KAI), Didiek Hartantos, said its revenue has plummeted 24.2 billion rupiah (1.6 million USD) a day due to the COVID-19 pandemic.
The company’s average daily turnover was previously from 20-25 billion rupiah (1.35-1.68 million USD), but since the outbreak has tumbled to 800 million rupiah (54,000 USD).
Hartantos said daily revenue of the country’s railway industry stood at 39 billion rupiah (2.6 million USD) in January but was down to 32 billion rupiah (2.1 million USD) in April. The revenue decline comes as the numbers of commuters travelling by long distance train and tram have both slipped.
To comply with large-scale social distancing regulations, long-distance trains and trams are only allowed to run at 50 percent and 35 percent of their passenger capacity, respectively. The number of passengers, however, is even less than that.
KAI is also preparing for the possibility that the pandemic will last until August and even December, which would result in losses of between 90 and 93 percent./.
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