Garuda

1995-01-11T00:00:00

The sale of older aircraft helped Garuda Indonesia show a five-fold growth in profits for 1994, according to Indonesian transport minister Haryanto Danutirto. The state-owned carrier's profits rose to nearly Rps351 billion ($160 million) over the year, up from Rps64 billion in 1993. Garuda recently disposed of its fleet of ...

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