Garuda Indonesia is seeking as much as $1.4 billion capital injection from the country’s sovereign wealth fund, Danantara Indonesia, to support the turnaround of the cash-strapped flag carrier. Under ...
Five months after a Boeing Co. 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier PT Garuda Indonesia tried to cancel its remaining order for the same ...
PT Garuda Indonesia has at least 15 jets grounded because it’s struggling to make maintenance payments, according to people familiar with the matter, in a sign the airline’s revival plans may be ...
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