Below is a list with tagged columns and company profiles.

Today's Headlines Garuda Indonesia

  • Boeing Experiences Severe Turbulence in Indonesia

    Boeing Experiences Severe Turbulence in Indonesia

    Boeing, the American multinational corporation that designs, manufactures and sells airplanes, has been experiencing severe turbulence in Indonesia ever since Lion Air flight JT-610 dove into the sea on 29 October 2018 shortly after take-off from Soekarno-Hatta International Airport outside Indonesia’s capital city of Jakarta, killing all 189 people on board (including crew).

    Read more ›

  • Garuda Indonesia Group Lowers Air Ticket Prices by 20%

    Garuda Indonesia Group Lowers Air Ticket Prices by 20%

    After plenty of public outcry over the past month, the Garuda Indonesia Group decided to cut prices of air tickets by 20 percent for all domestic flight routes. Starting per Thursday (14.02.2019), air passengers can enjoy lower ticket prices when flying Garuda Indonesia, Citilink Indonesia, Sriwijaya Air, and NAM Air.

    Read more ›

  • Garuda Indonesia Eager to Turn Loss into Profit in 2018

    Garuda Indonesia Eager to Turn Loss into Profit in 2018

    Despite posting a net loss in full-year 2017, Indonesia's national flag carrier Garuda Indonesia is optimistic that it will see net profit in 2018. Last year the airline's net loss reached USD $213.4 million, dropping dramatically from a net profit of USD $9.4 million in the preceding year. What strategy will Garuda Indonesia apply to turn the loss into a profit in 2018?

    Read more ›

  • Fleet Optimization Garuda Indonesia: 50 New Airplanes up to 2024

    Fleet Optimization Garuda Indonesia: 50 New Airplanes up to 2024

    National flag carrier Garuda Indonesia targets to see the arrival of 50 new airplanes up to 2024 in an effort to revitalize the airline's fleet and improve its on-time performance. Pahala Mansury, President Director of Garuda Indonesia, explained that the airline has already been making these orders since 2014. One Boeing 737 Max 8 aircraft arrived on 26 December 2017. Between 2020 and 2024 more planes will follow, between 5-10 per year.

    Read more ›

  • Terminal 3 Ultimate at Indonesia's Soekarno-Hatta Airport Nearly Ready

    Terminal 3 Ultimate at Indonesia's Soekarno-Hatta Airport Nearly Ready

    State-owned airport services company Angkasa Pura II that operates the Soekarno-Hatta International Airport located just outside Indonesia's capital city of Jakarta, says construction of the airport's third terminal is nearing completion. Angkasa Pura II is optimistic that the IDR 5.7 trillion (approx. USD $432 million) terminal will be ready for operations on 26 May 2016. Budi Karya Sumadi, General Director of Angkasa Pura II, said this terminal - called Terminal 3 Ultimate - will be used for international and domestic flights of Garuda Indonesia (which currently uses Terminal 2).

    Read more ›

  • Garuda Indonesia Evaluates Sponsorship Deal with Liverpool Football Club

    Garuda Indonesia Evaluates Sponsorship Deal with Liverpool Football Club

    Indonesian airline Garuda Indonesia will evaluate its sponsorship deal with English Premier League football club Liverpool within the next two months. Arief Wibowo, General Director of Garuda Indonesia, said brand awareness abroad is important and the sponsorship deal is also a source of pride for the airline. However, considering the deal costs about USD $9 million per year, the airline has to evaluate whether it is worth continuing the sponsorship deal that is set to expire in mid-2016.

    Read more ›

  • Garuda Indonesia & PLN to Use Fixed Assets Revaluation Incentive

    Garuda Indonesia & PLN to Use Fixed Assets Revaluation Incentive

    After the government of Indonesia announced that, effective immediately, a tax incentive is offered to those companies that revalue their fixed assets (as part of the government's fifth stimulus package), both fully state-owned utility firm Perusahaan Listrik Negara (PLN) and partially state-owned airline Garuda Indonesia started to prepare proposals for asset revaluation. A revaluation would increase their equity, allowing them to obtain more loans for business expansion.

    Read more ›

  • Aviation Indonesia: Military Plane Crash in Medan (North Sumatra)

    Aviation Indonesia: Military Plane Crash in Medan (North Sumatra)

    On Tuesday (30/06), an Indonesian military airplane (C-130 Hercules) crashed into a densely populated residential area in the city of Medan in North Sumatra. The aircraft, en route from the military airport in Medan to Tanjung Pinang (capital of Indonesia's Riau Islands), crashed shortly after take-off and probably carried 122 people. A government spokesman said that at least 141 people have died. This figure is likely to rise. According to local media, the pilot of the military aircraft requested to return to base due to engine trouble.

    Read more ›

  • Garuda Indonesia May Cancel Direct Flights between Jakarta & Amsterdam

    Garuda Indonesia May Cancel Direct Flights between Jakarta and Amsterdam

    State-controlled national airline Garuda Indonesia may need to stop direct flights between Jakarta and Amsterdam (The Netherlands) because the runway of Jakarta’s Soekarno-Hatta International Airport does not meet required safety standards. Airport operator Angkasa Pura II recently decreased the airport’s pavement classification number (PCN) as the surface of the runway is not strong enough to accommodate wide-body Boeings that take off while being fully loaded with passengers and fuel.

    Read more ›

  • Indonesia AirAsia Flight QZ8501 Update: Black Box & Fuselage Located

    Indonesia AirAsia Flight QZ8501 Update: Black Box & Fuselage Located

    Indonesian authorities said that divers have located the black box recorders of Indonesia AirAsia Flight QZ8501 on Sunday (11/01). Ships involved in the search operation picked up strong ping signals less than 0.6 miles from the location where the tail of the AirAsia aircraft was found. However, divers have not been able yet to collect the black box (which contains crucial flight data) due to the strong undercurrent. Moreover, the black box is stuck under debris at about 30 to 35 meters below sea level.

    Read more ›

Latest Columns Garuda Indonesia

  • Garuda Indonesia Acquires Operational Control of Sriwijaya Group

    Garuda Indonesia Acquires Operational Control of Sriwijaya Group

    Indonesia's air transport industry is about to see a big change as the nation's national flag carrier Garuda Indonesia said it will take over operational control of the rival Sriwijaya Group. This move seriously boosts the Garuda Group's share of the fast-growing domestic aviation market.

    Read more ›

  • Aviation Industry: Positive Outlook for 2018 Despite Challenges

    Aviation Industry: Positive Outlook for 2018 Despite Challenges

    In 2017 Indonesia's Transportation Ministry allowed the opening of 83 new flight routes (commercial civil flights), consisting of 58 domestic routes and 25 international routes. There are two reasons why the government encourages the opening of new routes: (1) to make the remote areas of Indonesia less isolated, and (2) to strengthen inter & intra regional transportation.

    Read more ›

  • IPO News Indonesia: Disappointing IPO for GMF AeroAsia

    IPO News Indonesia: Disappointing IPO for GMF AeroAsia

    Reportedly, Garuda Maintenance Facility AeroAsia (GMF AeroAsia), the aircraft maintenance and repair unit of Indonesia's national flag carrier Garuda Indonesia, raised only IDR 1.27 trillion (approx. USD $95 million) from its initial public offering (IPO) on the Indonesia Stock Exchange.

    Read more ›

  • Garuda Indonesia Delays the Arrival of New Airplanes

    Garuda Indonesia Delays the Arrival of New Airplanes

    Indonesia's flag carrier Garuda Indonesia, a state-controlled five-star airline that is listed on the Indonesia Stock Exchange, requested to postpone the arrival of new airplanes in an attempt to improve the company's corporate earnings. Pahala M. Mansury, General Director of Garuda Indonesia, said the order (the number of airplanes) has not been revised, neither has the company's fleet plan (that runs to 2020) been changed. Only the timing of arrival of five planes has been altered.

    Read more ›

  • Tourism & Aviation: Garuda Indonesia Opens New Route to China

    Tourism & Aviation: Garuda Indonesia Opens New Route to China

    Indonesia's national flag carrier Garuda Indonesia is ready to open a new flight route between the famous island of Bali and Chengdu (the provincial capital of Sichuan province in Southwest China) in order to cater Chinese passengers going to Bali. Arif Wibowo, General Director of Garuda Indonesia, informed that this new international route is scheduled to be opened in January 2017. He added that Chengdu has great potential in terms of boosting foreign tourist arrivals to Bali. Garuda Indonesia already flies passengers from Beijing, Shanghai and Guangzhou to Jakarta.

    Read more ›

  • Garuda Indonesia & Citilink Seek Global & Domestic Expansion

    Garuda Indonesia & Citilink Seek Global & Domestic Expansion

    Indonesian flag carrier Garuda Indonesia, the nation's top class airline, targets to fly 27.5 million people in 2016, up 10 percent year-on-year (y/y) from the airline's total number of air passengers last year. Passenger growth is supported by the arrival of five new wide-body airplanes in 2016. The company, listed on the Indonesia Stock Exchange but majority-owned by the Indonesian government (60.6 percent), is particularly eager to boost the number of international passengers.

    Read more ›

  • Aviation Industry Indonesia: Air Passenger Traffic Growth is Slowing

    Aviation Industry Indonesia: Air Passenger Traffic Growth is Slowing

    The number of air passengers in Indonesia will most likely fail to meet its growth target in 2014. Based on government data, the number of air passengers in Southeast Asia’s largest economy reached 47.5 million in the first eight months of 2014, a 5.82 percentage point growth from the same period last year. However, the Indonesia National Air Carrier Association (INACA) initially targeted annual passenger growth in the range of 12-15 percent for 2014. Amid slowing economic growth, people’s purchasing power has declined.

    Read more ›

  • Strong Growth of Air Travel but How Safe Are the Airlines of Indonesia?

    Strong Growth of Air Travel but How Safe Are the Airlines of Indonesia?

    The mysterious disappearance of Malaysia Airlines flight MH370 on Saturday 7 March 2014 reminds us that flying does not go without risks. Although it is popularly said that flying in an airplane is safer than driving in a car - and despite the fact that Malaysia Airlines is a world-class airline - it is worth taking a closer look at the current state of aviation in the Asia Pacific, Indonesia in particular, as air traffic in the Asia Pacific has been booming (and budget airlines mushroomed) in recent years due to the expanding middle class.

    Read more ›

  • Financial Victims of Sharp Rupiah Depreciation: Garuda and PLN

    As companies' financial results of 2013 slowly start to be released, two reports - so far - have raised eyebrows due to significant declines in net profit. These are publicly listed, but majority state-owned, airline Garuda Indonesia and fully state-owned electricity firm Perusahaan Listrik Negara (PLN). Both companies felt the impact of the sharply depreciating Indonesia rupiah exchange rate. The currency fell over 21 percent against the US dollar in 2013 due to capital outflows amid looming US tapering and current account deficit concerns.

    Read more ›

  • Two Airports Serving the Community of Indonesia's Capital City of Jakarta

    Two Airports Serving the Community of Indonesia's capital City of Jakarta

    On Friday 10 January 2014, the government of Indonesia opened Halim Airport for scheduled commercial flights. Previously, the only airport that served these types of flights around Indonesia's capital city of Jakarta and surrounding towns was the Soekarno-Hatta International Airport (Soetta), located in Cengkareng (Banten). However, the amount of daily passengers at Soetta has exceeded its capacity. Based on data from Airports Council International, released in 2013, Soetta is the world's tenth busiest airport.

    Read more ›

Associated businesses Garuda Indonesia