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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Guggenheim Securities

Posted inIndonesia

Garuda Airlines in slash-and-burn mode to survive

by John McBeth August 17, 2021August 20, 2021

JAKARTA – Indonesia’s financially crippled national carrier Garuda Airlines has taken the first step towards addressing its mountain of debt by paring down management and roping in a high-powered lawyer who specializes in business restructuring and arbitration as its new chief commissioner. “This is the moment for Garuda to clean up its financial problems, improve […]

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