Dispute Between Nordic Aviation Capital And Garuda Indonesia Escalates
Aircraft lessor Nordic Aviation Capital (NAC) has responded to Garuda Indonesia’s announcement, that it has grounded and is returning its 12 Bombardier CRJ1000s to NAC before the leases have expired, by arguing it has received no termination notice and the national…
Garuda Indonesia Returning 12 Bombardier CRJ1000s To Nordic Aviation Capital Before Leases Expire
Indonesia’s minister of state-owned enterprises has announced that national carrier Garuda Indonesia will be returning 12 Bombardier CRJ1000s to the lessor Nordic Aviation Capital (NAC) before the leases expire. The leases were due to continue until 2027, but the airline…
Best on the Web | November 2020 (3)
Indonesia to support investigation into alleged bribery in Garuda-Bombardier aircraft deal https://jakartaglobe.id/business/indonesia-pledges-support-to-uks-investigation-of-alleged-bribery-in-garudabombardier-deal Indonesia’s State-Owned Enterprises Ministry says it will support the UK government’s investigation into a bribery case involving Garuda Indonesia’s Bombardier CRJ1000 order in 2012. The national carrier ordered…
Indonesian Govt Eases Restrictions On Local Airlines
The Indonesian government has passed a bill stating that commercial airlines no longer need to own at least five aircraft, alongside other legal amendments as part of its new wide-reaching omnibus bill aimed at boosting business and creating jobs in…
Garuda Phasing Out CRJ1000s
Garuda Indonesia is actively seeking buyers for its fleet of Bombardier CRJ1000 aircraft. A senior executive at the airline, who wishes to remain anonymous, says the airline is speaking to airlines in the US to see if they would be…
Garuda Launches New Singapore-Belitung Service
Garuda Indonesia has launched a new service between Singapore and Belitung Island, off the southeastern coast of Sumatra. The airline says the service is part of its commitment to improving tourism links to potential tourist destinations other than just Bali….
