Garuda Indonesia continues to face deep financial distress, recording a net loss of US$319.39 million (Rp 5.2 trillion) in ...
JAKARTA: The double whammy faced by Indonesia’s national flag carrier Garuda Indonesia - which saw the firm reporting a net ...
Danantara stated that the performance pressure reflected in the 2025 financial report is a condition before the intervention ...
Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier PT Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet. Garuda will ...
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