May 11, 2020 SOURCE: AFP
Indonesia eyes $1.0 bn rescue for virus-hit carrier Garuda
Indonesia is drawing up a $1.0 billion rescue plan for struggling national airline Garuda after the coronavirus forced the company to ground most of its planes, Bloomberg News reported Monday.
Under the plan, some $500 million in Garuda debt would be restructured with another $500 million in new loans to...
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