garuda

Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets

The 76-year-old airline is a major employer and a key mode of transport for the country

Distressed flag carrier PT Garuda Indonesia plans to undertake a rights issue to raise additional capital and will invite strategic investors to take part as it attempts to revive its ailing business...

[SINGAPORE] Emirsyah Satar said on Friday he would step down as chief executive of Garuda Indonesia within months after a decade-long stint during which he helped repair the image of the loss-making I...

INDONESIA on Friday (Oct 27) flew its first commercial flight using palm oil-blended jet fuel, as the world’s biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.

FLAG carrier Garuda Indonesia said on Tuesday (Oct 10) it has completed a flight test using palm oil-blended jet fuel on a Boeing 737-800NG aircraft.

SINGAPORE Airlines (SIA) and Garuda Indonesia plan to deepen their commercial ties through a joint venture (JV) covering flight connectivity and other new initiatives, they said on Monday (May 29).

Flag carrier Garuda Indonesia plans to issue around US$80 million in Islamic bonds or sukuk this week, a move that will pave the way for its shares to be traded again on the Jakarta stock exchange, th...

INDONESIAN lawmakers on Friday (Apr 22) approved the government's plan to top up Garuda Indonesia's capital by 7.5 trillion rupiah (S$710.8 million) this year, once the carrier reaches a debt settleme...