Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Created with Sketch.Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia Daily News 😨🤐😱 Garuda Indonesia faces major headwinds after restructuring - Nikkei Asia
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Garuda Indonesia faces major headwinds after restructuring

Airline's descent from 'big elephant' status comes as industry still struggles

Garuda Indonesia and its CEO Irfan Setiaputra have their work cut out for them after creditors approved the airline's restructuring plan. (Nikkei montage/Reuters)

JAKARTA -- Garuda Indonesia CEO Irfan Setiaputra was optimistic after winning overwhelming approval from creditors for a plan to restructure billions of dollars in debt. And while the state-owned airline may have averted bankruptcy, it still faces huge challenges.

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