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Coronavirus Economic Shockwave Hits the APAC Aviation Industry

JAKARTA (TheInsiderStories) - The Asia Pacific commercial aviation industry is being hit by a massive economic shockwave from the escalating novel coronavirus crisis sweeping across the...

Garuda Indonesia Aborts the Global Sukuk Issuances

JAKARTA (TheInsiderStories) - Local flight carrier, PT Garuda Indonesia Tbk (IDX: GIAA) has aborted its global bond issuances worth of US$900 million in this quarter until...

Palm Oil Producers, Lion Air Commits Develop Bioavtur

JAKARTA (TheInsiderStories)—The Indonesian Palm Oil Producers Association and the budget airlines Lion Air Group sign memorandum of understanding on reducing the using of fossil...

Garuda Looking at US$ 4.9 billion Revenue this Year

JAKARTA (TheInsiderStories) – State-owned flag carrier PT Garuda Indonesia Tbk. Persero (IDX: GIAA) has set a moderate growth target this year after being hit by severe financial...

Airasia Reiterate IPO Plans for Indonesian Unit

JAKARTA (TheInsiderStories) - Low cost flight carries, Air Asia Indonesia has reiterated it plans to list its shares on the Indonesia Stock Exchange in...

Lion Air orders 50 Boeing 737 for US$6.2 billion

JAKARTA (TheInsiderStories) - Lion Air Group, Indonesian budget airlines and Boeing announced a commitment for 50 737 MAX 10 airplanes at the 2017 Paris Air...