Garuda Indonesia reduces 1Q net loss on increased fleet utilization

Credit: Boeing
Garuda Indonesia reported a $64.3 million net loss for the first quarter of 2018, an improvement from a loss of $101.2 million a year ago, as the carrier made progress on many of its turnaround goals in addition to increased fleet utilization, which helped Garuda reduce its net loss in the first...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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