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Garuda Indonesia shares plunge after domestic flights ban announcement

Move aimed at fighting coronavirus by curbing travel for Ramadan

Garuda Indonesia is working to bolster its operations, but the government's control over the company limits its options.   © Reuters
SHOTARO TANI, Nikkei staff writer | Indonesia

JAKARTA -- Shares in Indonesia's flagship carrier Garuda Indonesia plunged on Friday, following the country's decision to suspend all domestic passenger flights from Saturday.

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