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Indonesia’ Garuda Maintenance Adds Public Ownerships via Rights Issue

JAKARTA (TheInsiderStories) - PT Garuda Maintenance Facility AeroAsia Tbk (IDX: GMFI) aimed at public ownership from 15 percent to 20 percent, said the company...

GMF AeroAsia Assigned as ASEAN’s Airbus Components Repairs

JAKARTA (TheInsiderStories) – Following PT Garuda Indonesia Tbk (IDX:GIAA)'s move cancelling Boeing 737-8 MAX order, Airbus is now tightening its grip to this Indonesia's...

Morning Briefing: Balance of Payment Projects Surplus US$5B

TEMPO.CO, Jakarta - Bank Indonesia (BI) Governor Perry Warjiyo estimated there would be a US$5 billion surplus in the country' balance of payments (BoP)...

Garuda Indonesia Sues UK’s Roll Royces for US$44M

JAKARTA (TheInsiderStories) - The country's flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) sued Rolls Royce PLC and Rolls Royce Total Care Services Limited,...

BOC Aviation Purchases Eight A330NEO, Lease for Indonesia’s Lion Air

JAKARTA (TheInsiderStories) - Singapore' BOC Aviation Limited (HKEx: 2588) is pleased to announce that it has purchased eight new A330NEO family aircraft from Airbus, said...

Indonesia Requires Boeing, Airbus Purchases with Biodiesel Export

JAKARTA (TheInsiderStories) - Followed Indonesian Trade Ministry visited to the United States (US) and Europe, the country has proposed to swap the purchase of Airbus...

AirAsia X Orders 66 Airbus A330neo for US$296.4M

JAKARTA (TheInsiderStories) - AirAsia’s long-haul affiliate, AirAsia X, has placed an order with Airbus for an additional 34 units of A330neo widebody aircraft, said the...