Garuda Indonesia Notes Upward Trend Despite Heavy Q3 Loss

Adrian Schofield November 10, 2020
Garuda Indonesia Airbus A330-200
Garuda Indonesia Airbus A330-200
Credit: Rob Finlayson
Although Garuda Indonesia slumped to a substantial loss in the 2020 third quarter (Q3), its financial performance showed signs of improvement compared to the previous quarter. The carrier reported a net loss of $368.4 million for the three months through Sept. 30, compared to a profit of $99 million...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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