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US$2.4bn Loss for Garuda Indonesia, Future on Hold

MIAMI – Garuda Indonesia (GA) has reported a mammoth net loss of US$2.4bn in 2020. As a result, the auditor of the airline seems to raise doubt on the continuity of the flag carrier. According to asia.nikkei.com, the amount was revealed in a presentation by GA CEO Irfan Setiaputra to MPs at a parliamentary session […]

The post US$2.4bn Loss for Garuda Indonesia, Future on Hold appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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