JAKARTA, April 28 (Reuters) - Higher fuel costs tippedIndonesian state-controlled airline PT Garuda Indonesia Tbkinto a first-quarter net loss of $98.5 million, itschief executive said on Friday.
Garuda Indonesia appoints Thomas Oentoro as CEO as the airline’s revenue grows and losses narrow, despite renewed negative equity.
Danantara says the state-owned airline merger is paused while Garuda Indonesia focuses on performance improvements and ...
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Garuda Indonesia’s equity turns negative again as surging fuel costs offset stronger revenue and a $1.4 billion capital injection.
"Since Friday, October 9, 2026, Garuda Indonesia has made adjustments to its flight operations through various mitigation ...
JAKARTA (Reuters) - Flag carrier Garuda Indonesia said it could not distribute coupon payments for its $500 million sukuk after a 14-day grace period, with the airline's finances still significantly ...
In October 2015, Indonesian flag carrier Garuda Airlines placed an order with Boeing Co. (NYSE: BA | BA Price Prediction) for 50 new 737 MAX 8s. The order came almost two years before Boeing had even ...
JAKARTA, Indonesia – Indonesia’s national airline Garuda Indonesia is moving to cancel an order for 49 Boeing 737 Max 8 jets following the deadly crashes involving two of the aircraft, a spokesman for ...
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