Garuda Stalls Multibillion-Dollar Deal in ‘Buyers Market’By and
Carrier to add 250 aircraft to almost triple revenue by 2020
Airline’s share price up 55% this year on profit turnaround
PT Garuda Indonesia is in no hurry to finalize a multibillion-dollar order of as many as 250 aircraft, saying the sluggish global economy will give it more leeway in negotiations with Airbus Group SE and Boeing Co.
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