Lessors and a local cargo operator are bringing Garuda Indonesia to court over late payments, as the airline posts a record $2.5 billion loss for fiscal 2020. The results and mounting debts also prompted auditors from PWC to question the airline’s ability to continue, and that most of the reforms...
Subscription Required
Garuda Indonesia Contends With Lawsuits, Record Loss is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.