52 Week Range
As of on the Indonesia Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
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Garuda Indonesia books $122.4 mln net profit in Jan-Sept 2019
Garuda Indonesia H1 Net Profit $24.11 mln vs Net Loss In Same Period Last Year
Garuda Indonesia restates 2018 result to $175 mln loss, was previously $5 mln profit
PT Garuda Indonesia (Persero) Tbk is an Indonesia-based company primarily engaged in commercial airline business. Its business is classified into three segments: flight operation, aircraft maintenance services and other operations. Its flight operation segment comprises passenger flights, which offers both scheduled and non-scheduled flights, and cargo flights. Its aircraft maintenance services segment is operated by its subsidiary, PT Garuda Maintenance Facility Aero Asia. Its other operations segment includes flight services, travel agent, catering, ground handling, facility, hotel, information technology, health, training and other business activities of the Company’s subsidiaries.
Garuda Indonesia Building
Jalan Kebon Sirih No. 44
Sahala Lumban Gaol
I. Gusti Ngurah Askhara Danadiputra
Director of Finance and Risk Management
Director of Human Capital
Bambang Adisurya Angkasa
Director of Operations
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* Airline still talking to Boeing about 737 MAX order (Adds comments on strategy, 737 MAX talks)
Indonesian flag carrier Garuda withdrew a proposal to stop passengers taking photos in cabins on Wednesday after being mocked over a plan that was introduced after a travel blogger posted unflattering photos on a flight.
Indonesian flag carrier Garuda <GIAA.JK> will comply with requests from regulators to "fix and restate" its financial statements and pay fines for accounting errors, company executives said on Sunday.
Indonesian regulators have ordered national flag carrier Garuda <GIAA.JK> to "fix and restate" its 2018 financial results over accounting errors within two weeks, and said they would also impose fines on the airline and its directors.
The two largest private shareholders of Indonesian national flag carrier Garuda questioned on Wednesday the airline's 2018 financial results and alleged it misrepresented a $240 million financial transaction - a claim the airline rejected.
Indonesia's Sriwijaya Air, which is operated by flag carrier Garuda Indonesia, has cancelled plan to lease two Boeing Co 737 MAX jets, a spokesman said on Friday.
Indonesia's national carrier Garuda and Go-Jek are in talks for a partnership that will make it easier for the ride-hailing and e-commerce app to move goods to customers within the 17,000 islands of the sprawling Southeast Asian archipelago.
* Garuda's maintenance unit to build tyre plant with CCI & Dunlop (Adds Air Asia comment)
The new boss of Indonesia's Garuda has abandoned the state-owned airline's hopes of making a profit this year, saying he aimed to keep losses to less than $100 million despite rising fuel prices and a weaker rupiah.
Indonesian state airline Garuda named I Gusti Ngurah Askhara Danadiputra as its new chief executive at a shareholder meeting on Wednesday, two sources told Reuters.
* Garuda targets to break even in 2018, despite higher oil prices
Flag carrier PT Garuda Indonesia posted a smaller net loss in the first quarter and its chief executive said the airline was on track to return to profitability in 2018, depending on the fuel price.
PT Garuda Indonesia <GIAA.JK> plans to work its fleet harder, increase oil hedging and add more international flights to help return to profit this year, the airline's chief executive said on Thursday.
* Sees 2018 net profit at $8.9 mln vs $26.3 mln loss street view
Indonesian flag airline PT Garuda Indonesia Tbk <GIAA.JK> said on Friday it is in talks to delay the delivery of 20 Airbus and Boeing planes.
* Garuda to take one-time $137 mln tax amnesty hit in Q2 (Adds comment from CEO, background)
* Garuda to control fuel expenses through hedging - CEO (Adds comment from CEO, financial details)
Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk <GIAA.JK> as a suspect in a bribery case.
Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case related to British plane engine manufacturer Rolls-Royce.
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