Garuda Indonesia’s GMF AeroAsia Finalises $332m Land Injection
GMF AeroAsia, the maintenance, repair and overhaul (MRO) arm of Garuda Indonesia, has completed a major land capital injection valued… Read More »
Garuda Indonesia Reshapes Board, Adds Foreign Executives
Garuda Indonesia has reshuffled its leadership team and appointed two foreign executives to support the airline’s ongoing restructuring under new… Read More »
Garuda Indonesia Secures $405M Loan from Wealth Fund
Garuda Indonesia has secured a USD405 million shareholder loan from Indonesia’s sovereign wealth fund, Danantara (Daya Anagata Nusantara), according to… Read More »
Garuda Indonesia Seeks $500M from Danantara Wealth Fund
Garuda Indonesia Group is pursuing a USD 500 million investment from Indonesia’s sovereign wealth fund, Danantara (Daya Anagata Nusantara), according… Read More »
Garuda Indonesia in Talks With Sovereign Wealth Fund Danantara
Garuda Indonesia is reportedly in early discussions with Indonesia’s sovereign wealth fund Danantara regarding a potential capital injection, according to… Read More »
Garuda Indonesia’s Aircraft Order Dilemma
Garuda Indonesia finds itself in a unique position as it continues to hold orders for forty-nine Boeing B737-8s and four… Read More »
Japan Airlines and Garuda Indonesia Launch Joint Business Partnership
Japan Airlines (JAL) and Garuda Indonesia have announced a new joint business partnership that will begin on April 1, 2025,… Read More »
Garuda Indonesia Plans Fleet Expansion for 2025
Garuda Indonesia, the nation’s flagship carrier, has announced plans to expand its fleet by 15 to 20 aircraft in 2025… Read More »
Garuda Indonesia Appoints New CEO to Drive Profitability
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has appointed Wamildan Tsani Panjaitan, the acting CEO of Lion Air (JT, Jakarta Soekarno-Hatta), as… Read More »
Garuda Indonesia Appoints Captain Wamildan Tsani Panjaitan as New CEO
Garuda Indonesia has officially announced the appointment of Captain Wamildan Tsani Panjaitan as its new CEO, replacing Irfan Setiaputra. The… Read More »
Japan Airlines and Garuda Indonesia Announce Joint Business Deal
Japan Airlines (JAL) and Garuda Indonesia have signed a joint business agreement, allowing the two airlines to cooperate commercially on… Read More »
Garuda Indonesia Ex-CEO’s Sentence Reduced
Emirsyah Satar, former CEO of Garuda Indonesia (GA, Jakarta Soekarno-Hatta), saw his prison sentence reduced to five years by a… Read More »
Garuda Indonesia Prepares for Hajj 2024 with 14 Wet-Leased Aircraft
Garuda Indonesia, the flag carrier of Indonesia, has announced its preparation for the Hajj pilgrimage in 2024 by confirming plans… Read More »
Garuda Indonesia Triumphs in Legal Battle Against Greylag, Explores Merger with InJourney
Garuda Indonesia has emerged victorious in a legal dispute with two special purpose vehicles (SPVs) associated with the Avenue Capital… Read More »
Garuda Indonesia Announces Plans to Expand Fleet with Eight New Aircraft in 2024
Garuda Indonesia, the national airline based in Jakarta Soekarno-Hatta, is set to expand its fleet with the addition of eight… Read More »
Garuda Indonesia Initiates Tender for ACMI Lease During 2024 Hajj Season
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has announced a procurement notice inviting eligible parties to bid for the wet lease of… Read More »
AirAsia’s Capital A Forges Strategic Partnership with Garuda Indonesia Group
Capital A, the parent company of AirAsia, has inked a “strategic partnership” with Garuda Indonesia Group, the conglomerate encompassing Garuda… Read More »
Garuda Indonesia Allocates Funds from 2022 Rights Issue for Operational Needs
Garuda Indonesia (GA), based in Jakarta Soekarno-Hatta, has revealed the allocation of funds from its 2022 public rights issue, outlining… Read More »
Singapore Airlines and Garuda Indonesia Strengthen Cooperation on Flights
Singapore Airlines and Garuda Indonesia announced intentions to enter into a joint venture (JV) to deepen their cooperation on routes… Read More »
Greylag SPVs file another lawsuit against Garuda Indonesia
A disgruntled aircraft lessor is continuing its legal battle to derail the Garuda Indonesia (GA, Jakarta Soekarno-Hatta) restructuring. In the… Read More »
Garuda Indonesia files for US Chapter 15 bankruptcy procedure
After settling an agreement with creditors to halve its debt to around $5 billion, flag carrier Garuda Indonesia has requested… Read More »
Court agrees Garuda Indonesia’s $9 Billion debt restructuring deal
A court overseeing airline Garuda Indonesia’s debt restructuring negotiations on Monday ratified a deal with creditors to repackage more than… Read More »
Creditors approve Garuda Indonesia restructuring plan
Garuda Indonesia has received the green light from its creditors to move forward with its restructuring plan, according to a… Read More »
Garuda Indonesia asks deadline extension to complete its debt-restructuring process
State-controlled carrier Garuda Indonesia has asked a Jakarta court to extend for the third time its deadline to complete its… Read More »
Garuda Indonesia to cancel Airbus and Boeing jet orders worth $3.4 billions
Distressed flag carrier Garuda Indonesia plans to cancel billions of dollars worth of aircraft orders from Airbus and Boeing as… Read More »
Garuda Indonesia is negotiating the terms its jet deals with Airbus and Boeing
Flag carrier Garuda Indonesia is negotiating the terms its aircraft deals with manufacturers Airbus and Boeing, with cancellation of the… Read More »