Garuda plans accounts restructuring: report

Garuda Indonesia (GA) will start an accounting process this month that will erase its accumulated losses of IDR6.8 trillion ($748 million) and enable it to post a profit in the next reporting period. GA finance director told the Jakarta Globe newspaper that the airline plans to clear its balance...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.