Indonesia Mulls Fate Of Garuda After Bond Default

Garuda Indonesia 737-800
Credit: Rob Finlayson
The State-Owned Enterprise Ministry of Indonesia (BUMN) is reportedly deliberating whether to save or shut down its national airline, Garuda Indonesia, after the carrier defaulted on a $500 million Islamic bond. The BUMN has proposed four options. The first three options are to keep the airline...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Indonesia Mulls Fate Of Garuda After Bond Default is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.