Garuda Indonesia Contends With Lawsuits, Record Loss
Credit: Chaideer Mahyuddin/AFP/Getty Images
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...
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