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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 ...
Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, ...
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.
One of Garuda Indonesia's long-term strategies is to increase its aircraft fleet to 120 units in the next five years.
Jakarta to revive the plane order to seek favour with Trump and boost US ties despite Garuda’s financial woes.
Indonesia’s flag carrier PT Garuda Indonesia said it unilaterally ended a Bombardier leasing contract with Nordic Aviation Capital A/S and will return a dozen CRJ jets amid an ongoing bribery probe.
Flag carrier Garuda Indonesia (GIAA.JK) will return nine leased Boeing 737 800NG aircraft ahead of schedule, as part of an agreement to end a bankruptcy lawsuit, the company's chief executive ...
The flag carrier’s state-owned operator, PT Garuda Indonesia, said on Thursday that it was evaluating two technical solutions for in-flight Wi-Fi: cellular networks and satellite connections.
Indonesian flag carrier PT Garuda Indonesia has terminated a lease for 12 Bombardier CRJ-1000 planes amid a bribery probe into the procurement of the aircraft, a cabinet minister said on Wednesday.
JAKARTA, Jan 26 (Reuters) - National carrier PT Garuda Indonesia's initial public offering will raise $526 million, less than half the $1.1 billion targeted, though local investors see it ...
Review the current valuation for PT Garuda Indonesia (Persero) Tbk Shs (GIAA:XIDX) stock based on a yearly calendar providing PE ratios, cash flow, EBITDA and other company valuation information.
F lag carrier PT Garuda Indonesia has entered a supervised debt restructuring process following a court decision on a debt petition filed by its information technology partner, but the airline has ...
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