Garuda Indonesia: Back From the Brink | How a National Airline Survived Collapse

Garuda Indonesia: Back From the Brink | How a National Airline Survived Collapse Once a symbol of national pride, Garuda Indonesia came dangerously close to bankruptcy. Years of poor management, mounting debt, safety crises and the Asian Financial Crisis left the airline struggling to keep its planes in the air. This Moconomy documentary tells the story of Garuda’s extraordinary turnaround — from cutting routes and restructuring billions in debt to rebuilding its service, reputation and corporate culture. The company eventually returned to profitability, regained access to European skies and moved toward privatization. By 2014, Garuda had gone from the brink of collapse to earning a coveted five-star airline rating. How do you rebuild a company after losing money, trust and international credibility? Explore more stories about business transformation, leadership and global companies on Moconomy: • The World According to Amazon | How Amazon Became More Powerful Than Governments - https://youtu.be/3rZ0M47ygiE • Generation Startup | Building a Billion-Dollar Dream - https://youtu.be/LL3TJFcXpZI • Inside Anthropic: The $965 Billion AI Titan | Claude, AI Safety and Superintelligence | 4K - https://youtu.be/1ShpMSuVmyw