Defense Minister Prabowo and Gerinda Party Demand Government Rescue Garuda Indonesia
Tag: Garuda Indonesia
Garuda to Axe 41% of its Air Routes
Struggling to Survive, Garuda Indonesia to Cut 41% of its Routes and Eliminate 34% of its Aircraft
Bracing for a Tearful Farewell to Garuda
Growing Fears of a Looming Garuda Indonesia Bankruptcy
Preponderance of Parked Indonesian Planes
Bird’s Eye View of Indonesia’s Parked Commercial Aircraft Fleet. Some Airport Aprons Crowded with Idle Airplanes.
Garuda on the Precipice of Collapse?
Nikkei Asia Report Lays Bare Garuda Indonesia Extremely Dire Financial Circumstances.
BEI Suspends Trading in Garuda Stocks
Indonesian Stock Exchange Suspends Trading in GIAA Stocks Following Airline’s Failure to Meet Sukuk Share Obligations,
Former Garuda CEO Sent to Prison
Former Garuda CEO, Ari Askhara, Sentenced to One Year in Prison for Corruption and Smuggling,
Indonesian Aviation Laid Low by COVID-19
All Indonesian Commercial Airlines Compelled to Substantially Reduce Payrolls to Survive Continuing Global Pandemic.
Garuda Adds Seats Between Jakarta & Bali
Garuda Now Using Only Wide-Bodied Aircraft on 104 Weekly Flights Jakarta-Bali-Jakarta.
Garuda Flexes its Wings Internationally
Garuda Adds International Flights for Indonesian Travelers Starting from Christmas 2020 and New Year’s 2021.
Bali Governor Pleads for Lower Airfares
Bali Governor Pleads with Garuda Indonesia to Lower the Cost of Domestic Air Travel to Bali.
Garuda’s Losses Remain Sky High in Q3 2020
Garuda’s Financial Woes Deepen Recording Losses of US$1.07 billion in Q3 of 2020.