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Life Line for Garuda

Monday, June 7, 2021

The government is making plans to bring out flag carrier Garuda Indonesia from a critical situation, threading a steep path between mountains of debts to many creditors.

arsip tempo : 173223041825.

Garuda Indonesia airplanes with a special nose art of a face mask at the GMF AeroAsia Hangar at Soekarno Hatta Airport, Tangerang, Banten, last December. Antara/Muhammad Iqbal . tempo : 173223041825.

THE meeting between the Board of Commissioners of Garuda Indonesia (IDX: GIAA) and Deputy State Owned Enterprises (SOEs) Minister Kartika Wirjoatmodjo was held at the end of May. Several weeks prior, the supervisors of Garuda’s management requested a meeting to discuss the financial condition of the state airline, which is in terrible shape. During the meeting, Kartika presented four schemes to resolve Garuda’s problems, along with th

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