Garuda Indonesia Reports Big 2017 Loss As Fuel Spikes

Credit: Boeing
Garuda Indonesia slipped to a substantial net loss in 2017 partly because of increased fuel costs, although the carrier said it is making progress on some of its strategic priorities. The carrier reported a net loss of $213.4 million for 2017, a significant drop from a net profit of $9.4 million in...
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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