Photo: A Garuda aeroplane on the tarmac at the Adi Sujipto Airport in Yogyakarta, Indonesia, on Feb 16, 2020. Cornelius Krishna Tedjo/Shutterstock

Islamic Finance

Indonesia’s Garuda confident of restructuring debt as it’s severely hit by COVID-19


JAKARTA – National carrier Garuda Indonesia will restructure its liabilities amid tight cashflow as the travel industry takes a significant hit due to the COVID-19 pandemic, Irfan Setiaputra, its CEO told Salaam Gateway.

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COVID-19