INDONESIAN SEESAW

After posting losses for eight consecutive years, Garuda Indonesia has reported a net profit in 1999 of 350 billion rupiah ($47 million), exceeding its target of 270 billion rupiah. The airline projected earnings of 850 billion rupiah in 2000 and says it is healthy enough to start new services and...

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.