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Garuda aiming for US$75m profit in 2018 after cost cuts

The loss-making airline is boosting aircraft utilisation, lowering expenses and wooing global customers

Garuda is also leveraging Indonesia's geographic position to get more overseas customers. Revenue from international flights expanded almost 15 per cent in the first half from a year earlier, while the share from domestic travel fell.


PT GARUDA INDONESIA is targeting a return to profit next year after a loss in 2017 as the flag carrier works to reduce expenses and operations improve.

The airline is predicting a profit of US$75 million in the second half ending December but won't be able to post a profit...

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