Garuda Indonesia reported a net loss of $63.2 million for the six months through June 30, reversed from a $29.3 million profit a year earlier. The earnings decline occurred as the airline continues its major international expansion effort. Group revenue was down 4.1%, despite the fact that passenger numbers were up 4.4% in the six-month period. Most of the Indonesian flag carrier’s 1H growth has been in international markets. Capacity was up 70.7% year-on-year on flights to Europe, ...

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