Indonesian Minister Forecasts Domestic Recovery
Indonesia’s ministry of state-owned enterprises predicts the domestic aviation sector will fully recover by year-end, even though the airline industry is only flying at half its operational capacity. Erick Thohir, the minister of state-owned enterprises, tells local media that many…
Indonesian Legislators Ask Garuda Indonesia’s Citilink To Launch Services To North Kalimantan To Boost Competition
Indonesian politicians have called on Garuda Indonesia’s low-cost carrier Citilink to launch to launch services to North Kalimantan, after the incumbent carriers’ ticket prices soared during the approaching Islamic holiday period. Deddy Yevri Hanteru Sitorus, who represents the North Kalimantan province…
Indonesian Govt To Inject More Money Into Ailing Garuda
Indonesian lawmakers have approved a government plan to inject 7.5 trillion rupiah (US$522 million) state capital into flag carrier Garuda Indonesia, once it reaches a debt settlement with creditors. Local media reports say the working committee of Indonesia’s House of…
Head Of Pelita Air Service Named Suspect In Garuda Indonesia Corruption Investigation
Albert Burhan, president director of government-owned charter operator Pelita Air Service, has been temporarily stripped of his position after being named a suspect in the ongoing corruption investigation into Garuda Indonesia. News outlet Detik Finance reports that the Attorney General’s…
Garuda’s Citilink Undergoes Management Change
Garuda Indonesia’s budget carrier Citilink has appointed Dewa Kadek Rai as president director replacing Juliandra Nurtjahjo. “The change in company management is in line with Citilink’s focus on performance – as part of the Garuda Indonesia group – to be…
Indonesian Govt Has Reached Agreement With Four Of Garuda’s Major Lessors
The Indonesian government, which is trying to restructure Garuda Indonesia’s debts, has reached agreement with four of the airline’s biggest lessors and hopes it can retire billions of debt in a similar way to how Philippine Airlines did when it…
