Facing bankruptcy, Garuda weighs options


JAKARTA (The Jakarta Post/ANN): National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances.

Garuda president director Irfan Setiaputra said the airline's board was considering four major options in negotiations with creditors but was learning to the second or third.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , Garuda , bankruptcy

Next In Aseanplus News

Death toll in India's Mundathikode fireworks explosion rises to 15
South Korea, US making efforts toward 'normalisation' amid US intel curb controversy: Seoul official
Thai PM Anutin says Cambodia no longer wants conflict, hints at rules-based reset
Drunk man kills woman, then calls 119 about a finger cut in South Korea
Toddler dies, mother injured in Bukit Mertajam crash
Witkoff and Kushner headed to Pakistan for Iran talks, White House says
No development approval for land near Ayer Hitam forest reserve, site unsafe
Selangor MB clarifies status of Permatang Kumbang land in Puchong
European anti-fraud office opens investigation into Peter Mandelson
Second US aircraft carrier to join blockade against Iran in the coming days, says Hegseth

Others Also Read