Garuda Posts $20 Million Q1 Profit; 2018 Results Under Review

Credit: Rob Finlayson
SINGAPORE—Garuda Indonesia reported a net profit of $19.7 million for Q1 2019, reversing a$64.3 million loss for the same period in 2018. Concurrently, the Indonesian stock exchange (IDX) said it would summon the management of the Indonesian flag carrier after two major stakeholders questioned the...

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