Skip to main content
Garuda Closer To Selling Citilink Share
July 09, 2014
SINGAPORE — Garuda Indonesia has narrowed down potential bidders to two “credible, strategic investors” for a major stake in its Citilink LCC subsidiary, Garuda CEO Emirsyah Satar says. The sell-off of up to 49% of Citilink is designed to raise funds for the airline to press ahead with an ambitious...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.