Garuda Gets State Cash Injection, To Bring Back Aircraft From Storage
Credit: Joe Pries
SINGAPORE—Garuda Indonesia has received IDR7.5 trillion ($480 million) in state funding intended to get the airline back on its feet to capitalize on the rapid recovery in air transport demand. Irfan Setiaputra, the state-owned carrier’s president, said the funds will be used to bring back aircraft...
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