Garuda reports losses during H1 2014

Victoria
By Victoria July 23, 2014 12:28

Garuda reports losses during H1 2014

Garuda Indonesia has reported an operating loss of $233.9 million during the first half of 2014.

Total operating revenue was up 0.7% year-on-year at $1.73bn, but costs for the same period were up 14.8% at $1.96bn. Fuel costs alone were up 15.9% at $759 million.

Victoria
By Victoria July 23, 2014 12:28
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