Garuda Indonesia (GIAA) Losses Increased 343% in 2025

Akbar Ridwan 25/03/2026 16:04 WIB

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The losses of PT Garuda Indonesia (Persero) Tbk increased significantly in 2025.

Profit/Loss* of PT Garuda Indonesia (Persero) Tbk/GIAA (2021-2025)

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Profit/Loss* of PT Garuda Indonesia (Persero) Tbk/GIAA (2021-2025)

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PT Garuda Indonesia (Persero) Tbk recorded a loss attributable to the owner of the parent entity of US$322.49 million in 2025.

The loss of this listed company with the stock code GIAA increased by 343.53% compared to the loss in 2024 (year-on-year/yoy).

In the last five years, the largest loss of this national airline occurred in 2021. Meanwhile, the highest profit was achieved in 2022.

Here are the profits/losses of GIAA during the period 2021-2025:

2021: loss of US$4.16 billion
2022: profit of US$3.74 billion
2023: profit of US$250.05 million
2024: loss of US$72.71 million
2025: loss of US$322.49 million

The total operating revenue of GIAA in 2025 amounted to US$3.22 billion, a decrease of 5.85% (yoy). Then, its operating expenses amounted to US$3.10 billion, a decrease of 0.17% (yoy).

The total assets of GIAA as of December 31, 2025 reached US$7.43 billion. These assets consist of liabilities of US$7.34 billion and equity of US$91.91 million.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."