Indonesia's national flag carrier, Garuda Airlines to drastically cut its fleet after suffering huge losses


JAKARTA, Sept 20 (Bernama): Indonesia's national flag carrier, Garuda Airlines, reportedly plans to cut a large number of wide-body aircraft, while retaining dozens of narrow-body aircraft to focus on its low-cost subsidiary Citilinks.

The Flightglobal.com website cited aviation data analytics company Cirium as saying that Garuda is looking to cut nearly 80 planes from its fleet and renegotiate or cancel orders for more than 90 others, reported Vietnam News Agency (VNA).

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Garuda Indonesia , Aircraft , Fleet , Restructuring , Debt

   

Next In Aseanplus News

South Korea fines Meta about $15 million over collection of user data
Thai pygmy hippo Moo Deng makes bold US election prediction
Johor first in country to offer starting salaries of RM4,000 to RM5,000, says TMJ
MACC officer charged with misappropriating RM613,000 property
Chinese man has one wife, four lovers, all living in same complex, unaware of each other
FashionValet founders arrive at MACC HQ to record statement
Prosecution seeking heavier sentence for celebrity preacher convicted of rape
Indonesia and Cambodia look to strengthen united front against trafficking
Taiwan couple charged with trying to influence elections for China
More than 10,000 North Korean troops in Russia for Ukraine war: South Korea

Others Also Read