Indonesia's national flag carrier, Garuda Airlines to drastically cut its fleet after suffering huge losses


JAKARTA, Sept 20 (Bernama): Indonesia's national flag carrier, Garuda Airlines, reportedly plans to cut a large number of wide-body aircraft, while retaining dozens of narrow-body aircraft to focus on its low-cost subsidiary Citilinks.

The Flightglobal.com website cited aviation data analytics company Cirium as saying that Garuda is looking to cut nearly 80 planes from its fleet and renegotiate or cancel orders for more than 90 others, reported Vietnam News Agency (VNA).

Get 20% OFF The Star Digital Access

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!
Garuda Indonesia , Aircraft , Fleet , Restructuring , Debt

Next In Aseanplus News

The Philippines downplays stagflation risk and will boost its spending, says finance chief
Closer ties agreed - Vietnam seeks deeper defence, trade ties with Sri Lanka and India
Kyoto murder suspect says he killed adopted son after being told he is ‘not real father’: Sources
'It's just durian' - From luxury to everyday staple, China sees steady price decline of the fruit
Vietnamese PM vows to turn Vietnam-Laos-Cambodia traditional friendship into development driver
In-form striker Chrigor Moraes aims to guide Selangor to Asean Club Championship Shopee Cup glory
Bersatu sacks two assemblymen, suspends four leaders including three MPs
Brunei's crown prince, Prince Al-Muhtadee Billa, to visit China on May 11
China bride’s botched cold treatment causes 3-month coma, wakes two days before wedding
Petrol, diesel supply more stable following govt's proactive measures

Others Also Read