GARUDA AND BANK MANDIRI
Tug-of-War between Two Siblings
The settlement of Garuda Indonesia’s debts to Bank Mandiri is still being delayed by several problems. The State-Owned Enterprises (SOEs) Department as the second shareholder of this company needs to issue a legal guarantee.
October 13, 2009
THE Garuda Indonesia Airbus A330-200 aircraft landed smoothly at Jakarta’s Soekarno Hatta International Airport, on Thursday evening last week. Slowly, this new aircraft, which had just arrived from Singapore, approached the foreign arrivals terminal at gate E. Once it had come to a complete stop, eight technicians approached the aircraft and connected the mobile stairs to the exits.
This steel bird is one of four new Airbus aircraft that are
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