Bisnis.com, JAKARTA – Amid ongoing financial losses, PT Garuda Indonesia (Persero) Tbk. (GIAA) has sought a capital injection from Danantara, prompting a rally in its share price.
According to its financial report, Garuda Indonesia recorded a net loss of $76.48 million in Q1/2025. While still in the red, the figure marks an improvement from the $97.03 million loss reported in the same period last year.