Garuda—which is jointly owned by the Indonesian government (whose stake has been transferred to Danantara) and ...

Indonesian sovereign wealth fund Danantara will extend a $405 million loan to PT Garuda Indonesia to help the distressed flag ...

TEMPO.CO, Jakarta - The Financial Services Authority (OJK) responds to the Danantara Investment Management Agency's plan to ...

Danantara Indonesia is set to inject 6.65 trillion rupiah into PT Garuda Indonesia as part of a wider funding package to ...

National carrier Garuda Indonesia has resumed its Jakarta–Doha flight service after Qatar’s airspace reopened, following ...

The Indonesian government has taken steps to mitigate potential flight disruptions caused by escalating conflict in the ...

Garuda Indonesia resumes Jakarta-Doha flights after the situation in the Middle East has improved and safety requirements ...

The MRO provider suffered several years of losses during the pandemic, when its main customer, flag carrier Garuda Indonesia, ...

As previously reported by ch-aviation, loan negotiations have been underway since early May. The sovereign wealth fund ...

Danantara’s chief investment officer Pandu Patria Sjahrir tells CNA’s Chandni Vatvani how the sovereign fund plans to meet ...

Jakarta. Flag carrier Garuda Indonesia announced Tuesday that it had secured a shareholder loan worth $405 million from the ...

Garuda operated 144 aircraft prior to the COVID-19 pandemic, but that number dropped to fewer than 40 after a debt ...