Garuda Indonesia in Merger After $1 Billion Loss

Garuda Indonesia, the flag carrier airline, has reported a US$1.09 billion (£820 million) loss for the first 9 months of 2020. Garuda Indonesia to Shed 700 Jobs Last week the Indonesian Government announced plans to form a new holding company for 9 state-owned companies, including Garuda, to create operational efficiencies and to provide more attractiveContinue reading “Garuda Indonesia in Merger After $1 Billion Loss”

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