Indonesian MRO Wins Funding Boost From Garuda

Garuda Indonesia A330-900
Credit: Rob Finlayson
MRO provider GMF AeroAsia is set to benefit from a new capital injection into flag carrier Garuda Indonesia, its controlling shareholder. The $405 million loan which comes via Indonesia’s sovereign wealth fund will be used to finance urgent maintenance for the fleets of Garuda and Citilink, its LCC...
Alex Derber

Alex Derber, a UK-based aviation journalist, is editor of the Engine Yearbook and a contributor to Aviation Week and Inside MRO.

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