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Five months after a Boeing Co. 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag ...
One of Garuda Indonesia's long-term strategies is to increase its aircraft fleet to 120 units in the next five years.
Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, ...
Jakarta plans to revive a plane order to seek favour with Trump and boost US ties despite flag carrier Garuda’s financial ...
The government announced in March that Garuda is set to order up to 100 aircraft this year from Airbus and Boeing. Deputy ...
Garuda Indonesia is proposing that holders of its $500 million Islamic bonds switch parts of the debt to equity, take a haircut and extend the tenure to 10 years, as part of the airline's debt ...
State-owned enterprises Minister Erick Thohir has announced that national flag carrier PT Garuda Indonesia will increase its planned order of Boeing aircraft to 79 planes as part of ongoing import ...
PT Garuda Indonesia needs at least $1 billion of additional funds to cut debt and stay afloat, as the government says it could give up its majority control of the troubled flag carrier.. Garuda is ...
JAKARTA, Oct 10 (Reuters) - Flag carrier Garuda Indonesia , opens new tab said on Tuesday it has completed a test flight using a palm oil-blended jet fuel on a Boeing 737-800NG aircraft.
Creditors gave PT Garuda Indonesia the go ahead on a plan to restructure liabilities worth 142.4 trillion rupiah ($9.6 billion), giving the carrier more financial headroom as it seeks to ...
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