Another Creditor Sues Garuda Indonesia
Information technology (IT) company Mitra Buana Koorporindo (MBK) has filed a lawsuit against Indonesia’s debt-ridden flag carrier Garuda Indonesia, one day after the latter’s case with My Indo Airlines was dismissed in court. CNN Jakarta reports that MBK filed the case…
Govt Says Garuda Indonesia Being Liquidated Is A Possibility
Debt-ridden flag carrier Garuda Indonesia could go bankrupt if restructuring agreements with creditors fail, leaving another state-owned carrier Pelita Air Service to fill the void. Deputy minister of state-owned enterprises, Kartika Wirjoatmodjo, tells local Indonesian media the weight and complexity…
Indonesia’s Pelita Air Plans To Expand Into Scheduled Flights Using Airbus A320s
Government-owned charter operator Pelita Air Service aims to move into scheduled passenger operations, a move that comes as other airlines have reduced their network. The airline would like to move into scheduled passenger operations, confirms a source at the airline…
