Garuda Returns To The Red With First-Half Profit
Garuda posted a profit of IDR148 billion (US$16 million) for the first six months of the year, a sharp change from the IDR361 billion loss last year. Revenue jumped 12% to IDR5.8 billion (US$629 million), while passenger load factor increased 6.1 percentage points to 75.1%. The airline carried 4.36...
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