Indonesian flag carrier Garuda Indonesia reported a first-half net profit of $29.3 million, reversed from a $201.3 million loss in the year-ago period. The airline said the improved results were due to an improvement in applied efficiency strategies and better aircraft utilization through what it called its Quick Wins program. Garuda CFO Ari Askhara said the better results could be attributed to a range of “operational initiatives including cost reductions as well as fuel and currency ...

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