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Garuda Indonesia had planned to issue global sukuks (Islamic bonds) and other financial instruments to secure financing.
The newly-appointed CEO of Garuda Indonesia pledged to evaluate several corporate policies, especially with regards to the airlines tariff.
Garuda Indonesia's (GIAA) share price gained since the opening of today's trade, January 22. As of 11:40 Jakarta time.
State-Owned Enterprises (SOE) Minister Erick Thohir viewed that Yenny Wahid is capable of her new position as one of Garuda Indonesia's commissioners.
State-Owned Enterprises Minister Erick Thohir will be replacing Garuda Indonesia commissioner following recent board of directors change.
SOE Minister Erick Thohir said he has bagged names of candidates for national flag carrier Garuda Indonesia.
Garuda Indonesia ensured its flight routes from and to European countries would not pass Iranian and its surrounding airspace.
KPK Prosecutor charged former CEO of Garuda Indonesia Emirsyah Satar with bribery of Rp46 billion from PT Mukti Rekso Abadi founder Soetikno Soedarjo.
Online ojek drivers community dubbed Garda has slammed Garuda Indonesia's acting CEO Fuad Rizal, who likens airfares to online ojek tariffs.
Minister Erick Thohir responded to the news that the commercial director of AP II, Daan Achmad, is a strong candidate for Garuda Indonesia's CEO.
Minister Sri Mulyani is set to alter the positions of officials within the customs and excise on Friday after Garuda's Harley smuggling woes.
he CEO of Garuda Indonesia has been sacked for smuggling in a Harley-Davidson. The crime needs to deal with thoroughly.
Garuda Indonesia Director of Commerce stated that the Indonesian flag-carrier will shift its focus on profitable routes such as domestic routes.
SOE Minister Erick Thohir responded to rampant rumors about alleged sexual harassment of Garuda Indonesia cabin crews.
Rumors were rife that four directors of national flag carrier Garuda Indonesia will reportedly be fired today, Dec. 9, by the board of commissioners.
Garuda Indonesia added extra flights for the Pangkalpinang-Jakarta route ahead of this year's Christmas.
Garuda Indonesia CEO Ari Askhara has previously been removed from his position by SOE Minister Erick Thohir regarding the illegal cargo smuggling.
Ari Askhara was suspected of being the owner of a Harley Davidson motorcycle smuggled on Garuda's A300-900 neo aircraft.
A Garuda Indonesia Official had initially tried to take the blame for the Harley Davidson smuggling case, which is owned by its president director.
Transport Minister Budi Karya said several low-cost carriers had committed to dropping airfares of domestic flights on certain days until February.