All Garuda Indonesia articles – Page 3
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News
Financial authority orders Garuda to restate 2018 results
Garuda Indonesia was ordered by the country's Financial Services Authority (OJK) to restate its 2018 financial statement, after questions were raised over the way it booked future revenue from an inflight wi-fi and entertainment deal as an operating item.
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News
Widodo bemoans lack of competition in Indonesia
Indonesian president Joko Widodo perceives a lack of competition in Indonesia's airline market, and hopes to find ways to make the industry more efficient.
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Airline BusinessPutting numbers on the legacies of airline leaders
With airline leaders gathering in Seoul for the IATA AGM, we use Cirium’s Fleets Analyzer and schedules data to measure the legacies of the chief executives who have left their roles in the past 12 months. The AGM takes place in South Korea just weeks after the death of long-serving Korean Air chairman and chief executive Cho Yang-ho
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News
Garuda signals Europe network cutbacks
Garuda Indonesia is signalling that it will cut back its Europe presence in a bid to reduce its losses.
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Indonesia to lower price limit on domestic fares by up to 16%
Indonesia will lower the price ceiling on domestic air tickets by up to 16% from 18 May due to public concerns about the higher cost of fares in recent months.
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Garuda defends treatment of IFEC deal in 2018 results
Garuda Indonesia has defended its decision to recognise $242 million of future revenue from an inflight wi-fi and entertainment deal with Mahata Aero Teknologi (MAT) as an operating item in its 2018 financial results.
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Garuda and Beihang UAS Technology partner on cargo UAVs
Garuda Indonesia has entered into a partnership with Beihang UAS Technology to use BKZ-005 unmanned aerial vehicles to transport cargo in Indonesia.
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SIA, Garuda expand codeshare agreement
Singapore Airlines and Garuda Indonesia have started codesharing on each other’s flights between Singapore and Jakarta, five years after the pair last expanded their codeshare agreements.
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Indonesia raises price floor on domestic tickets
Indonesia raised the price floor on over 1,000 domestic routes on 29 March, and signalled that it will review the floor regularly to ensure the country’s airlines remain viable.
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Avation buys 737-800 leased to Garuda Indonesia
Singaporean aircraft lessor Avation has agreed to buy a Boeing 737-800 leased to Garuda Indonesia until 2022.
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Garuda considers cancelling 737 Max 8 orders
Garuda Indonesia hopes to cancel its orders for 49 Boeing 737 Max aircraft, and potentially convert them to another aircraft type.
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Indonesia grounds 737 Max 8s for inspection
Indonesia’s aviation regulator has ordered the grounding of 737 Max 8s operated by its airlines to allow it to conduct thorough inspections of each of the aircraft.
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Citilink launches new services to Kuala Lumpur
Indonesia's Citilink began new services to Kuala Lumpur in recent days, by launching Surabaya-Kuala Lumpur on 30 January and Jakarta-Kuala Lumpur on 26 February.
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Citilink takes over Garuda ATR 72 services out of Medan
Citilink Indonesia started operating ATR 72-600s on three routes from Medan on 8 February, replacing parent company Garuda Indonesia.
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Garuda Indonesia considering switch to 737 Max 10
Garuda Indonesia is considering a switch of part of its order for Boeing 737 Max 8s to the larger Max 10 variant.
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Garuda considers majority stake in Sriwijaya Air
Garuda Indonesia is studying its options about a 51% stake in Sriwijaya Air through low-cost unit Citilink.
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News
Garuda adds Denpasar sector to London flights
Garuda Indonesia on 22 January had adjusted its Jakarta-London Heathrow flights to include a Denpasar sector.
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News
Garuda, Lion Air Group in talks on MRO joint venture
Garuda Indonesia and Lion Air Group are in initial discussions for an MRO joint venture.
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Airline Business
ANALYSIS: Asia's risk pockets in 2019
Asia-Pacific is the world’s largest aviation market, and overall has performed strongly again this year, but there are pockets of weakness in some markets that look set to roll on into 2019.
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Airline BusinessANALYSIS: Which airline CEOs face big challenges in 2019?
A look at the challenges – and opportunities – that await airline chief executives in the year ahead