Culture
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country Indonesian sovereign wealth fund Danantara’s…
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Garuda
Culture
Garuda new 737 plane’s higher rent may strain finances further
Garuda is paying twice as much to lease its latest Boeing 737 Max jet than it does for the older 737 planes in its fleet, another…
Culture
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…