Garuda Indonesia Proposes Extension For Debt Restructuring
Debt-ridden flag carrier Garuda Indonesia has once again asked for an extension of time to complete its postponement of debt payment obligations (PKPU), citing a need to sort out remaining…
Garuda Airlines Corruption Case Files Handed To Public Prosecutor
Indonesia’s Attorney General’s Office (AGO), which has been investigating alleged corruption at Garuda Indonesia involving the acquisition of some regional aircraft, has handed the case over to Indonesia’s public prosecutor….
Indonesian Minister Forecasts Domestic Recovery
Indonesia’s ministry of state-owned enterprises predicts the domestic aviation sector will fully recover by year-end, even though the airline industry is only flying at half its operational capacity. Erick Thohir,…
Indonesian Legislators Ask Garuda Indonesia’s Citilink To Launch Services To North Kalimantan To Boost Competition
Indonesian politicians have called on Garuda Indonesia’s low-cost carrier Citilink to launch to launch services to North Kalimantan, after the incumbent carriers’ ticket prices soared during the approaching Islamic holiday period….
Indonesian Govt To Inject More Money Into Ailing Garuda
Indonesian lawmakers have approved a government plan to inject 7.5 trillion rupiah (US$522 million) state capital into flag carrier Garuda Indonesia, once it reaches a debt settlement with creditors. Local…
Head Of Pelita Air Service Named Suspect In Garuda Indonesia Corruption Investigation
Albert Burhan, president director of government-owned charter operator Pelita Air Service, has been temporarily stripped of his position after being named a suspect in the ongoing corruption investigation into Garuda…
