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It's the perfect time to buy Garuda shares: Credit Suisse analyst

Published Fri, Dec 18, 2015 · 09:50 PM
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Jakarta

FOR Indonesia's national carrier, 2015 has been a year to forget. Shares of PT Garuda Indonesia are heading for their biggest-ever annual drop, overseas debt costs are rising and flights have been disrupted by forest fires and an erupting volcano.

Timothy Ross, a top-ranked airline analyst at Credit Suisse Group AG, says this is the perfect time to buy.

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