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Indonesia’s Garuda Faces More Problems
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Indonesia’s Garuda Faces More Problems

Our Correspondent
Sep 06, 2008
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Indonesia’s Garuda Faces More Problems
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The Indonesian government, the owner of Garuda Indonesia Airlines, appears determined to dig an even deeper hole for its debt-ridden national flag carrier with the resuscitation of a moribund low-cost subsidiary, Citilink Airlines, blowing up yet another of the government’s privatization plans.

Citilink, which has been grounded numerous times and hasn’t …

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