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).

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Garuda Indonesia , Aircraft , Fleet , Restructuring , Debt

   

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