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What’s behind a double whammy of US$318 million loss and Skytrax rating downgrade for Garuda Indonesia?

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Garuda Indonesia's financial loss last year was almost five times the loss it recorded in 2024. JAKARTA: The double whammy faced by Indonesia’s national flag carrier Garuda Indonesia - which saw the firm reporting a net loss of 5.4 trillion rupiah (US$318 million) in 2025 as well as the recent loss of its 5-Star Skytrax rating - is a reflection of broader structural pressures affecting the country’s aviation industry, analysts have told CNA.  But they added that nearly all airlines in Indonesia

din zilele anterioare

Garuda Indonesia’s US$318 million loss reflects a deeper crisis in country’s aviation sector https://www.channelnewsasia.com - 01.04.2026 04:24
What’s behind a double whammy of US$318 million loss and Skytrax rating downgrade for Garuda Indonesia? https://www.channelnewsasia.com/ - 01.04.2026 04:24
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