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View all search resultsGaruda-Indonesia
Companies 8 months ago
PREMIUM
Garuda to buy 79 Boeing aircraft in bid to ease US tariff pressure
State-Owned Enterprises (SOEs) Minister Erick Thohir has announced that national flag carrier PT Garuda Indonesia will increase its planned order of Boeing aircraft to 79 planes as part of ongoing import tariff negotiations with the US.
Academia 8 months ago
PREMIUM
Danantara and the discipline to let go
Danantara must resist passing out unconditional loans left and right lest it turns into a bailout fund for failing SOEs, and instead look to maintaining its commercial posture and stand as a catalyst for reform by rewarding discipline through capital injections.
Companies 9 months ago
PREMIUM
Tension arises between Garuda and its pilots union over recruitment
The pilots union deemed the amount as unusual and criticized the move as inconsistent with a push from the government and the company for cost efficiency, urging management to conduct an evaluation to ensure the airline’s business sustainability.
Companies 1 year ago
PREMIUM
Govt banking on Danantara to help expand Garuda's fleet
The government plans to use the new sovereign wealth fund to help finance up to 100 aircraft to expand the fleet of the national airline, which has navigated a path of financial turbulence over the past decade or so, alongside a potential aim to strengthen the country's aviation industry.
