Flag carrier Garuda Indonesia (GIAA) welcomed the verdict of the Jakarta Court, which extended the Suspension of Debt Payment (PKPU) for 60 days until May 20, 2022. GIAA’s President Director Irfan Setiaputra said the PKPU was complex, so Garuda and its shareholders would prudently process it. Garuda is now focusing on restructuring, also accelerating the recovery.To subscribe please click here
