Garuda Indonesia News Stories
March 27, 2013
Garuda Indonesia plans a IDR2 trillion rupiah (USD$205.52 million) corporate bond issue in the second quarter to finance expansion, its chief executive said on Wednesday.
February 7, 2013
Indonesia's economic boom should be a bonanza for airlines looking for a slice of the world's fourth-most populous country. But the bankruptcy of its number four airline, Batavia Air, shows how smaller operators are finding it hard to survive.
January 14, 2013
Citilink, the low-cost unit of Indonesian flag carrier Garuda, has ordered 25 Airbus A320neo aircraft, the European plane maker said on Monday, in a deal worth around USD$2.4 billion at list prices.
October 17, 2012
Abu Dhabi flag carrier Etihad Airways will announce a codeshare agreement with Indonesian airline Garuda, under which the two airlines will share flights, a source familiar with deal said on Wednesday.
April 27, 2012
Indonesian business group CT has bought a 10.3 percent stake in flag carrier Garuda Indonesia, becoming the biggest private shareholder in the airline, a state brokerage said on Friday.
April 25, 2012
Emerging Indonesian business group CT looks set to become the biggest private shareholder in national flag carrier Garuda Indonesia after it became sole bidder for a 10.9 percent stake in the airline, sources close to the deal said.
April 11, 2012
Indonesia's flag carrier Garuda signed a deal for 11 Airbus A330-300 passenger jets during a visit by British Prime Minister David Cameron.
April 10, 2012
Garuda and Airbus are close to a deal for the Indonesian airline to buy A330 passenger jets worth USD$2.5 billion at list prices, two sources familiar with the matter said on Tuesday.
April 9, 2012
Garuda Indonesia plans to boost its cargo capacity by modifying existing passenger jets to tap the growing demand it sees for air cargo services, its chief executive said on Monday.
February 15, 2012
Garuda Indonesia will go ahead with a plan to boost its fleet size to 154 aircraft from 89 in three years, despite the threat of overcapacity arising from rival Lion Air's large order, its chief executive said.
July 29, 2011
Garuda Indonesia, the nation's flag carrier, said its operations were running normally on Thursday despite a one-day strike by about a quarter of its pilots over wage inequality.
July 27, 2011
Garuda Indonesia, the nation's flag carrier, may have to cancel some flights on Thursday as many of its 650 local pilots plan to launch a 24-hour strike over wage inequality, a spokesman for the pilots union said on Wednesday.