Danantara Indonesia is set to inject 6.65 trillion rupiah into PT Garuda Indonesia as part of a wider funding package to support the operator of the national flag carrier.

Garuda—which is jointly owned by the Indonesian government (whose stake has been transferred to Danantara) and billionaire Chairul Tanjung—has struggled with debt and financial problems for ...

D anantara Indonesia is set to inject Rp 6.65 trillion (US$407.4 million) into PT Garuda Indonesia as part of a wider funding package to support the operator of the national flag carrier.

Danantara's initial fund injection for Garuda Indonesia is earmarked for maintenance, repair, and overhaul (MRO) needs.

Garuda Indonesia has temporarily halted its Jakarta-Doha, Qatar route until the situation in the Middle East permits safe passage.

The Airbus A321 XLR is replacing the older Boeing 757 in many airlines. This is due to its higher efficiency, and greater ...

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

[JAKARTA] Indonesian sovereign wealth fund Danantara will extend a US$405 million loan to Garuda Indonesia to help the distressed flag carrier turn around finances and expand its fleet in the coming ...

The latest international Garuda Indonesia (Persero) Tbk PT news and views from Reuters - one of the world's largest news agencies ...

Chinese aerospace firm’s Tianjin facility begins work on A321 sections following earlier A320 programme involvement ...

A passenger claimed his phone was stolen on a Garuda Indonesia flight, leading to the entire flight crew to be suspended amid an investigation ...