Investment
Garuda Increases Capital Spending

GARUDA Indonesia allots some US$100 million or about Rp1 trillion for 2010 capital spending. This money is used to import additional charter aircraft, to improve infrastructure and to pay for other operational costs. According to Garuda Finance Director Eddy Porwanto, the money for capital spending will be taken from the internal treasury. "We don't need to borrow money from other parties," he said at Soeka