#Airlines
Danantara fully supports national flag carrier Garuda: Febriany
PT Danantara Asset Management (DAM) reaffirmed its commitment to accelerating the transformation of national flag carrier Garuda Indonesia, emphasizing that the company’s support goes beyond a Rp23.67 trillion (US$1.4 billion) capital injection.
Garuda to purchase more Boeing aircraft up to 79 units amid U.S. tariff talks
National flag carrier, Garuda Indonesia, will increase its planned Boeing aircraft purchase to 79 units in a strategic move linked to ongoing trade negotiations with the United States, according to State Owned Enterprises (SOEs) Minister Erick Thohir.
Danantara injects US$405 million into Garuda Indonesia
State-owned investment management agency Daya Anagata Nusantara (BPI Danantara), through its subsidiary PT Danantara Asset Management, has extended a US$405 million (Rp6.65 trillion) shareholder loan to national flag carrier Garuda Indonesia, aimed at accelerating the airline's long-term transformation and performance recovery strategy.
Indonesia Airlines to operate soon, focusing on international flights
A new airline, PT Indonesia Airlines Group (INA), a subsidiary of Calypte Holding Pte. Ltd., will soon start operating in Indonesia, with base at the Soekarno-Hatta Airport, Tangerang, Banten, and only serving international flights.