Garuda 19. R ecasts with statement from Garuda adds quotes from chief executive in paragraphs 5 and 6 JAKARTA Jan 21 (Reuters) An Indonesian court on Friday extended the period for Garuda Indonesia’s.
Wed Jan 19 2022 442 PM [JAKARTA] Struggling airline Garuda Indonesia is facing a delay to its restructuring after creditors cited Covid19 flare ups in seeking an extension to debt proceedings in the Southeast Asian country.
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Indonesia court extends Garuda debt restructuring amid
With more than 600 daily flights Garuda Indonesia proudly serves its passengers with the awardwinning “Garuda Indonesia Experience” service which highlights the warm Indonesian Hospitality and rich diverse culture.
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Garuda Makes Progress in Its $13.8b Debt Restructuring Process
They will now verify the provisional claims and decide on Jan 19 what amount are valid and can be included in the restructuring process Stateowned Garuda is among a string of airlines globally.