Flag carrier Garuda Indonesia intends to align its economic and operational interests in sister company GMF Aeroasia by taking a majority stake in the MRO provider.
Honeywell supports Asia-Pacific airlines with extended aircraft service and prepares for next-generation airliner maintenance amid supply chain challenges.
Garuda Indonesia and Saudia plan to launch a joint business in 2027, having formally started the regulatory process to allow for commercial activity coordination, including flight network integration.
Indonesian and Singapore-based investment managers have teamed with lessor SMBC in a plan to establish Indonesia’s first aviation financing investment platform.
Garuda Indonesia’s new team is developing a 100-day transformation plan focusing on returning grounded aircraft to service before any major fleet decisions.
MRO provider GMF AeroAsia looks to boost its sales after Indonesian sovereign wealth fund Danantara extended a $405 million shareholder loan to Garuda Indonesia
The CCO of Garuda Indonesia expects the airline to finalize discussions with sovereign wealth fund Danantara which should unlock funding for fleet expansion.
Garuda Indonesia and Vietnam Airlines have signed a pact that aims to expand the flag carriers' strategic cooperation on passenger and freight operations.