[JAKARTA] Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its US$1.4 billion bet on Garuda Indonesia, a key test of its ability to ...

BANGKOK—Garuda Indonesia’s new management team is developing a 100-day transformation plan that will focus on returning grounded aircraft to service before making any major fleet decisions. The top ...

NEW DELHI: India and France will on Sunday kick off the 'Garuda' air combat exercise at Mont-de-Marsan to enhance military interoperability and coordination and boost the strategic partnership between ...

TEMPO.CO, Jakarta - The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) is targeting to have the entire Garuda Indonesia fleet fully operational by 2026. Febriany Eddy, the ...

Garuda will now receive 23.7tn rupiah ($1.4bn) from PT Danantara Asset Management, an arm of the wealth fund, through a private placement, which comprises a cash injection and a loan conversion, ...

TEMPO.CO, Jakarta - Deputy Director of Garuda Indonesia Thomas Oentoro said that there are five contingencies in the notes on the company's financial report on June 30, 2025. All five contingencies ...

Garuda Indonesia is seeking as much as $1.4 billion capital injection from the country’s sovereign wealth fund, Danantara Indonesia, to support the turnaround of the cash-strapped flag carrier. Under ...

LAMPUNG, Indonesia — Soldiers from the 11th Airborne Division conducted port opening and operations at Panjang, Indonesia to support Super Garuda Shield 25, ensuring the timely arrival of equipment ...

TIPTON, Iowa (KCRG) - Iowa is about 84-percent farmland - a testament to the state’s rich soil. But in Our Town Tipton, there’s a thriving farm that doesn’t use any of it. Garuda Farms co-founder, ...

PT Garuda Indonesia is in talks to buy scores of Boeing Co. aircraft as the distressed flag carrier seeks to expand its international network, its CEO said. The airline is discussing buying between 50 ...