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Tags Posts tagged with "Garuda Indonesia"

Garuda Indonesia

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Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...

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Indonesia’s national airline Garuda Indonesia will have to pay its creditors a total of 120.5 trillion rupiah ($8.3 billion) if it wants to carry...

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Indonesia is seeing a new addition to its commercial air travel industry with the expansion of Pelita Air into scheduled routes to domestic destinations. Pelita...

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Indonesia’s parliament on April 22 approved the government’s plan to raise the capital of flagship carrier Garuda Indonesia by 7.5 trillion rupiah ($518.31 million)...

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Creditors of Indonesia’s struggling flagship airline Garuda Indonesia are seeking about 198 trillion rupiah ($13.9 billion) in claims as part of the carrier’s debt...

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Philippines Airlines has become the next Southeast Asian airline to file for bankruptcy after Thai Airways, and it looks like as if Garuda Indonesia...

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Indonesia’s national airline Garuda Indonesia is planning for a major restructuring as it strives to survive the...

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Indonesian businessman Rusdi Kirana, founder of Lion Air with a net worth of around $835 million, is...
All Indonesian Airlines Removed from EU Blacklist

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EU Removes All Indonesian Airlines from its Safety Blacklist. The European Union has removed all Indonesian airlines from its safety blacklist on June 14 in...
Garuda slows down expansion as losses surge

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Indonesia's national airline Garuda Indonesia will slow its international growth following a lackluster performance on international routes in the first half of 2014, which...
Indonesia wants tourists to forget Thailand and travel to Bali

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The Bali chapter of the Indonesian Tourist Industry Association (GIPI) sees the situation in Thailand as an opportunity for Bali to boost the number...
Garuda gets $100m sukuk from Maybank

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Indonesia's state carrier Garuda Indonesia has secured $100 million in financing from a unit of Malaysia’s Maybank to fund its operations and expansion, the...
Garuda Indonesia loss widens in first quarter

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Garuda Indonesia on April 30 said its net loss widened sharply in the first quarter, as the national flag carrier continued to struggle with...
Indonesia to get 62 more airports by 2019

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With 62 new airport projects currently in the pipeline, Indonesia could have 299 airports across the archipelago in the next five years, said Deputy...
Garuda has ambitious targets for 2014

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Indonesia's flagship carrier Garuda has embarked on a business expansion strategy to tap the growing aviation market potential in the country, its president director...
Tigerair could pull out of Indonesia

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Singapore's Tiger Airways Holdings Ltd. may be forced out of Indonesia, Southeast Asia's biggest domestic airline market, as its unprofitable joint venture is squeezed...
Indonesia’s Batik Air goes international

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An airline owned by Indonesia’s Lion Group on February 27 announced it will launch international services with a flight from Jakarta to Singapore later...
Garuda to order up to 250 new planes

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Indonesia's national airline Garuda could purchase 250 aircraft in the decade ending 2025 to take advantage of a surge in travel demand in Southeast...