Garuda Indonesia reports 2017 loss as fuel inflates cost

Credit: Rob Finlayson
Garuda Indonesia slipped to a substantial net loss in 2017 partly because of increased fuel costs, although the carrier said it is making progress on some of its strategic priorities. The carrier reported a net loss of $213.4 million for 2017, a significant drop from a profit of $9.4 million in the...

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.