Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 ...
Tag: Garuda
Indonesia’s wealth fund in talks to aid flagship airline Garuda
Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter ...
Garuda set to replace head of low cost unit in push for recovery
INDONESIAN flag carrier Garuda Indonesia is planning to replace the head of its low cost unit, Citilink Indonesia, in an ...
State carrier Garuda Indonesia appoints new CEO
STATE-run Garuda Indonesia said on Friday (Nov 15) it had appointed Wamildan Tsani Panjaitan, a former acting head of budget ...
Indonesia weighs switching Garuda CEO as part of turnaround plan
INDONESIA is considering switching the chief executive officer at the Garuda Indonesia airline, part of the new government’s push to ...
Singapore Airlines and Garuda Indonesia receive approval for joint venture
SINGAPORE Airlines (SIA) and Indonesian flag carrier Garuda Indonesia have received approval from the Competition and Consumer Commission of Singapore ...
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