Airline Garuda Indonesia posts net loss of $1.07 billion in Jan-Sep 2020

20-Nov-2020 Intellasia | Reuters | 6:02 AM Print This Post

Airline PT Garuda Indonesia posted a net loss of $1.07 billion for the January-September period this year, a company filing to the stock exchange showed, as the coronavirus outbreak battered the global travel industry.

In comparison, Garuda posted a $122.42 million profit in the same period last year, the filing issued late on Wednesday showed.

https://www.reuters.com/article/garuda-indonesia-results/airline-garuda-indonesia-posts-net-loss-of-1-07 billion-in-jan-sep-2020-idUKJ9N2FT012

 

Category: Indonesia

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