Garuda Indonesia: Outlook improves as it deferrals aircraft deliveries

GARUDA IS FOCUSSING on increasing utilisation, which will enable the airline to pursue further capacity growth without expanding the fleet. Garuda particularly believes it can squeeze out more from its A330s, ATR 72s and CRJ1000s, which are now utilised below industry norms.
Garuda Indonesia is taking a nearly two year holiday from adding aircraft, as part of an attempt to restore profitability. Deliveries of 10 737 MAX 8s have been deferred and Garuda is trying to cancel its remaining nine commitments for ATR 72-600s.