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By Alfred Chua2021-07-20T04:13:00+01:00 Auditors have raised “significant doubt” over Garuda Indonesia’s ability to continue as a going concern, after the beleaguered flag carrier plunged to a record full-year loss.  In a report accompanying the carrier’s financial results, KAP Tanudiredja, Wibisana, Rintis & Rekan, a member firm of accounting giant PwC, assigned a disclaimer of opinion given when auditor cannot judge whether the accounts have been created properly on Garuda’s financial results.  Source: Wikimedia Commons Garuda Indonesia fell to a $2.2 billion operating loss for the year ended 31 December 2020. It notes that Garuda’s financial situation weakened due to the coronavirus pandemic, which has impacted the airline group’s performance and liquidity. 

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