Garuda—which is jointly owned by the Indonesian government (whose stake has been transferred to Danantara) and ...

Indonesian sovereign wealth fund Danantara will extend a $405 million loan to PT Garuda Indonesia to help the distressed flag ...

Garuda Indonesia resumes Jakarta-Doha flights after the situation in the Middle East has improved and safety requirements ...

National carrier Garuda Indonesia has resumed its Jakarta–Doha flight service after Qatar’s airspace reopened, following ...

Danantara Indonesia is set to inject 6.65 trillion rupiah into PT Garuda Indonesia as part of a wider funding package to ...

As previously reported by ch-aviation, loan negotiations have been underway since early May. The sovereign wealth fund ...

The MRO provider suffered several years of losses during the pandemic, when its main customer, flag carrier Garuda Indonesia, ...

TEMPO.CO, Jakarta - The national flag carrier PT Garuda Indonesia projects to operate around 120 aircraft by 2030. CEO ...

Garuda Indonesia Secures $405M Sovereign Wealth Boost is published in Aviation Daily, an Aviation Week Intelligence Network ...

Garuda Indonesia received a 6.65 trillion rupiah ($408 million) loan from the country’s sovereign wealth fund, Danantara Indonesia, to help support the turnaround of the cash-strapped flag carrier.

Garuda operated 144 aircraft prior to the COVID-19 pandemic, but that number dropped to fewer than 40 after a debt ...

Indonesia’s sovereign wealth fund, Danantara, through its subsidiary Danantara Asset Management, has extended a shareholder ...