Efficiency, New Aircraft and the Sales of Assets Allows Garuda Profits to Increase Eleven-Fold in 2008.
Garuda Indonesia experienced an 11-fold increase in net profits in 2008 as compared to 2007. Net profits in 2008 for the Indonesian flag carrier totaled Rp. 669 billion (US$59.7 million) while in 2007 only Rp. 60 billion (US$5.4 million) [...]