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Garuda Indonesia losses hit new high latest results report
November 4th 2024
Garuda Indonesia recorded a net loss of US$131.2 million for the nine months to September 30, almost double its US$72.4 million net loss for the same months a year ago. Read More » Revenue increased 14.7%, to US$2.6 billion, Garuda said in a regulatory filing, but costs blew out by 18%, to US$2.8 billion, in the reported period.
