Flag carrier Garuda Indonesia (GIAA) suffered loss of US$213.4 million, equivalent Rp2.88 trillion in 2017. It turned from profit of US$9.4 million in 2016 (Rp126.9 billion), due to higher costs and extra ordinary cost (tax amnesty and legal fine from Australia court). Total cost rose 13% to US$4.25 billion, with fuel cost increasing 25% to US$1.15 billion. Extraordinary costs reached US$145.8 million.To subscribe please click here