Garuda is again in the brink of bankcruptcy, being the National Air Carrier, if this is really happening it means Indonesia will lose its air dignity.
How a big country could let its National Air Carrier go bankcrupt. But also keeping it alive without much improvement being done is like keeping an ever growing cancer.
Just like most of the state-owned enterprise is just filled with a bunch of corrupted person it is also the things that hinder the growth of Garuda. Because there are so many deals which is proven to be not beneficials for the company.
With another pressure from Covid, it help worsen the problem as most of the airline are suffered from it as the travel restriction is put in place by the goverment.
The debt of the company is pilling up, business is not in a great time, then the air craft leasing is about to ends, it also breaking thw wings of our beloved National Air Carier. Soon maybe it will be put down on earth and never fly again.
