Indonesia's Garuda considers fewer Airbus orders as it seeks debt standstill

JAKARTA, June 4 (Bloomberg): Beleaguered airline PT Garuda Indonesia is considering trimming its Airbus SE A330 orders and reducing the number of wide-body jets in its fleet, as it completely restructures its business to survive the pandemic.

The company is looking at canceling orders for the newest version of the Airbus jet -- the A330neo -- and has been talking to lessors about returning some of the A330s already in its fleet, people familiar with the matter said, asking not to be identified as the discussions were private. One of them said the carrier is also considering halving its number of Boeing Co. 777-300ER jets.