Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, ...

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.

Five months after a Boeing Co. 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag ...

PT Garuda Indonesia aircraft outside a hangar at the company's maintenance facility at Soekarno-Hatta International Airport. Indonesia is considering switching the chief executive officer at the ...

BALI: Capital A Bhd’s subsidiary, Asia Digital Engineering Sdn Bhd (ADE), and PT Garuda Maintenance Facility Aero Asia Tbk (GMF) have entered a strategic partnership for a new landing gear ...

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.

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 ...

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.

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 ...

Indonesia will fine flag carrier PT Garuda Indonesia <GIAA.JK> for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorcycle onboard a new plane ...

The rescue plan includes a proposal to restructure PT Garuda Indonesia’s $500 million sukuk due next month and arrange new bridge loans of as much as $500 million to meet working capital ...