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.
After clearing a key regulatory hurdle, Garuda Indonesia and Singapore Airlines can operate joint revenue-sharing flights and coordinate flight schedules.
Garuda Indonesia and Singapore Airlines have broadened their commercial partnership by entering a reciprocal frequency flyer and revenue-sharing arrangement.
A selection of 50 new routes starting this month, including new services being launched China Eastern Airlines, Singapore Airlines and GOL Líneas Aéreas.
Members of the Association of Asia Pacific Airlines collectively have set an “aspirational target” of 5% sustainable aviation fuel (SAF) usage by 2030.
Garuda's Boeing 737-800 flew from Jakarta to Pelabuhan Ratu using Bioavtur J2.4 fuel, which contains 2.4% refined palm oil developed by state-owned Pertamina.
The memorandum of understanding was signed by Garuda Indonesia President and CEO Irfan Setiaputra and Capital A CEO Tony Fernandes in Jakarta, Indonesia.
Andi Fahrurrozi, CEO at Indonesian maintenance provider GMF AeroAsia, discusses where it is looking to leverage partnerships and add further airframe capability.