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.

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Dublin-based lessor Avolon announced that it had placed an order with Airbus for 15 A330-900neo and 75 A321neo aircraft. With ...

[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 ...

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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 ...