State asset fund Danantara Indonesia expects PT Garuda Indonesia to become profitable again in 2026, citing a comprehensive ...
Airline Garuda Indonesia will receive a $1.4 billion capital injection from the asset management unit of sovereign wealth ...
Garuda Indonesia's subsidiary, Citilink, will receive Rp14.9 trillion of the total capital injection from Danantara amounting ...
Garuda Indonesia recently completed an Extraordinary General Meeting of Shareholders to approve a capital injection of ...
The aviation industry’s most prestigious awards have been announced, revealing which airlines consistently deliver ...
The plan includes 63 percent of the proceeds going to the airliner's low-cost subsidiary Citilink to strengthen its cash flow ...
The national flag carrier, PT Garuda Indonesia, is prioritizing aircraft repair efforts after securing Rp23.67 trillion (US$1,3 billion) in capital investment ...
BANGKOK—Garuda Indonesia’s new management team is developing a 100-day transformation plan that will focus on returning ...
JAKARTA] Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet. Read ...
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