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NAC Denies Corruption Allegations in Garuda Airplane Procurements

NAC Denies Corruption Allegations in Garuda Airplane Procurements

Aircraft leaser Nordic Aviation Capital (NAC) denied any wrongdoing Garuda Indonesia’s
News
Garuda Indonesia Labor Union Criticize Its Early Retirement Program

Garuda Indonesia Labor Union Criticize Its Early Retirement Program

Indonesian flag carrier Garuda Indonesia's labor union criticize the airline's early retirement program, citing lack of transparency
Business
Indonesian Stock Exchange Halts Trade in Garuda Indonesia Stocks

Indonesian Stock Exchange Halts Trade in Garuda Indonesia Stocks

The Indonesian Stock Exchange or BEI halted trading in Garuda Indonesia's stocks, after the airline failed to pay $500 million in bonds
Business
'Work From Bali' Program Begins, says Indonesian Tourism Minister

'Work From Bali' Program Begins, says Indonesian Tourism Minister

Some employees of the State-Owned Enterprises are working remotely from Bali to revive domestic tourism in the Indonesian resort island.
Business
Garuda Indonesia Owes Employees $23 Million in Arrears

Garuda Indonesia Owes Employees $23 Million in Arrears

Garuda Indonesia revealed that it owes employees six months pay in arrears, as the state flag carrier continues to sag under nearly $5 billion in debt
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