JAKARTA -- A court in Indonesia on Friday extended embattled national airline Garuda Indonesia's suspension of debt payment obligations for 60 more days, as the company works to restructure its finances and stave off possible bankruptcy.
National airline struggles to avert bankruptcy as creditors demand payment
JAKARTA -- A court in Indonesia on Friday extended embattled national airline Garuda Indonesia's suspension of debt payment obligations for 60 more days, as the company works to restructure its finances and stave off possible bankruptcy.