Anticipating lift-off: A Garuda plane parks at Soekarno Hatta International airport in Tangerang. The Indonesian airline says that if it can’t come to an agreement with Boeing over the 737 Max, they might have to settle it in an American court. — AFP
JAKARTA: PT Garuda Indonesia might well post an operating profit next year, given that it’s renegotiating its aircraft leases and focusing more on the domestic market, says the government official in charge of its restructuring.
By lowering lease rates and optimising routes, “Garuda will have positive operating profits” from January 2023, State-Owned Enterprises Deputy Minister Kartika Wirjoatmodjo said in an interview on Tuesday with Bloomberg Television’s Haslinda Amin and Rishaad Salamat.
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