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 ...
JAKARTA: The double whammy faced by Indonesia’s national flag carrier Garuda Indonesia - which saw the firm reporting a net loss of 5.4 trillion rupiah (US$318 million) in 2025 as well as the recent ...
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 ...
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