Garuda Q1 Revenue Falls 33% As Domestic Ban Halts Holiday Travel
Credit: Nigel Howarth/Aviation Week
Garuda Indonesia saw first quarter (Q1) 2020 revenue drop by 33% year-on-and year—and sharper declines are yet to come in April as COVID-19 restrictions within Indonesia tighten. Movement control restrictions in the country only began in early April in certain Indonesian cities. This week, a day...
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