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Indonesia to merge Garuda and tourism companies

Government aims for efficiency with airlines and others under one roof

Garuda Indonesia lost $723 million in the first half of 2020 as the novel coronavirus sapped demand for air travel.   © Reuters

JAKARTA -- The Indonesian government has put together a plan to bring together nine state-run companies, including flag air carrier Garuda Indonesia, low-cost airline Citilink and companies that run major tourism sites, under a holding company

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