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...

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