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Search result with “Citilink Indonesia” as a keyword founded 51 news.

Reviving Garuda Indonesia Takes Time After Danantara’s $1.3 Billion Injection

... airport operator Angkasa Pura Indonesia to the carrier’s ... shareholder. Since then, Garuda Indonesia’s financial performance -- slowly but ... Garuda’s low-cost carrier Citilink were grounded. Even so, ... Dony stated that Garuda Indonesia could have posted a ...
Business Jun 17, 2026 | 10:25 am

Pertamina Unit Merger Generates Up to $700 Million in Savings, Danantara Says

... costs and operational inefficiencies, Danantara Indonesia Chief Operating Officer Dony Oskaria ... in Jakarta. Read More: Garuda, Citilink, Pelita Air Merger Targeted for ... : Pertamina Diversifies Supply to Shield Indonesia from Global Energy Shocks Danantara ...
Business Jun 12, 2026 | 1:04 am

Garuda Indonesia Cuts Q1 Loss by 45% as Passenger Traffic Rises

... State-owned airline Garuda Indonesia cut its net loss by ... while its low-cost subsidiary Citilink transported 2.94 million passengers. ... to ensure the Garuda Indonesia Group can grow on ... Planned Capital Injection for Garuda Indonesia to $1.4 Billion The company ...
Business May 15, 2026 | 12:27 pm

Indonesia Allows Airlines to Raise Fuel Surcharge to 50% of Fare Ceiling

... helping maintain the sustainability of Indonesia’s airline industry. Under the regulation ... by fuel suppliers. Read More: Indonesia Sets 2027 Target for Shifting ... airline operators. Read More: Garuda, Citilink, Pelita Air Merger Targeted for ...
Business May 14, 2026 | 10:26 pm

Garuda Shows Early Recovery Signs After State Backing, Says Danantara

... Fund Danantara said Garuda Indonesia has begun to show ... , Garuda’s low-cost subsidiary Citilink has already posted positive results ... first quarter of 2026. Garuda Indonesia, however, still booked a net ... $1.4 Billion to Support Garuda Indonesia’s Recovery
Business Mar 30, 2026 | 2:01 pm

Garuda, Citilink, Pelita Air Merger Targeted for Completion This Semester

... bringing together Garuda Indonesia, its low-cost subsidiary Citilink, and Pelita ... said. Read More: Indonesia Still Plans to Buy 50 ... Jakarta–Surabaya route, where Citilink, Pelita, and Garuda all ... revenue, especially for Garuda Indonesia, which continues to work ...
Business Feb 26, 2026 | 11:51 pm

‘Not Enough Planes’: Bali Govt on Fewer Domestic Tourists

... holidays. The flag carrier Garuda Indonesia currently only has 9 out of ... authorities. Its low-cost subsidiary Citilink used to fly 11 Bali ... of them are undergoing maintenance. Citilink now only has 6 active planes ...
Lifestyle Dec 29, 2025 | 10:21 am

Citilink Launches Daily Direct Flights Between Jakarta and Bangkok

... using an Airbus A320 aircraft. Citilink President Director Darsito Hendroseputro said ... rising passenger demand on the Indonesia–Thailand corridor. “Bangkok is ... season,” Darsito said. Darsito highlighted Citilink’s recent operational performance, noting that ...
Lifestyle Dec 13, 2025 | 4:55 pm

Indonesia Grounds 38 Airbus A320 Jets After EASA Issues Global Safety Directive

Jakarta. Indonesia has grounded 38 ... Additional Airbus A400M Planes Indonesia currently has 207 A320- ... Air, Super Air Jet, Citilink Indonesia, Indonesia AirAsia, Pelita Air, and TransNusa ... of A320 aircraft operating in Indonesia and globally,” Lukman told ...
Business Nov 30, 2025 | 3:38 am

Garuda to Buy Just One Jet Despite $1.42 Billion Injection

... sovereign wealth fund Danantara. Garuda Indonesia CEO Glenny H Kairupan said the ... Injects $1.4 Billion to Support Garuda Indonesia’s Recovery About Rp 8.7 trillion, or ... , will support it's budget carrier, Citilink Indonesia, with Rp 11.2 trillion for ...
Business Nov 14, 2025 | 5:29 pm

Danantara to Trim State Firms to Prevent Business Cannibalization

... greatly slash the number of Indonesia's state firms, with ... Citilink and the flag carrier Garuda Indonesia as another example. Citilink ... of benefits and value to Indonesia. … This streamlining and ... said. A merger between Garuda Indonesia and Pelita Air is in ...
Business Nov 14, 2025 | 2:59 pm

Danantara Injects $1.4 Billion to Support Garuda Indonesia’s Recovery

... to Garuda Indonesia’s working capital needs, mainly aircraft maintenance. Citilink will receive ... company’s continued listing on the Indonesia Stock Exchange and strengthens its ... its two core pillars Garuda Indonesia and Citilink to stay competitive in ...
Business Nov 14, 2025 | 11:17 am

Danantara Cuts Planned Capital Injection for Garuda Indonesia to $1.4 Billion

Jakarta. Indonesia’s sovereign wealth fund ... into flag carrier Garuda Indonesia to $1.43 billion, about ... provide additional working capital for Citilink, Garuda’s low-cost subsidiary. ... established earlier this year as Indonesia’s sovereign wealth vehicle, has ...
Business Nov 11, 2025 | 8:49 pm

Danantara Pours $1.84 Billion into Garuda to Stabilize Airline

... .5 trillion) into national carrier Garuda Indonesia (GIAA) through a combination of private ... to pressure performance, particularly at Citilink. The prior restructuring did not ... maintenance; 37 percent to boost Citilink’s operational and maintenance capital; 22 ...
Business Oct 8, 2025 | 2:26 pm

MotoGP Mandalika 2025 Breaks Records, Drives Rp 4.8 Trillion Boost for NTB Economy

... become a powerful platform to promote Indonesia globally,” Erick said in Mandalika ... Lombok, including services by Garuda Indonesia, Citilink, AirAsia, Pelita Air, and Wings ... contribution to Lombok’s economy and Indonesia’s global standing,” he said. Read ...
Lifestyle Oct 6, 2025 | 2:01 pm

Danantara, Boeing Discuss Aircraft Deal

... Pandu Sjahrir and Garuda Indonesia CEO Wamildan Tsani during ... units for Garuda Indonesia’s operations. Indonesia has committed to ... and cargo volumes. Garuda Indonesia Group carried 5.12 million ... on Garuda Indonesia and 2.48 million on Citilink, with seat ...
Business Sep 24, 2025 | 3:11 pm

Danantara’s Boss Says Pelita Air-Garuda Merger Plan Still Under Review

... the flag carrier Garuda Indonesia is still under review, ... addressed to the Indonesia Stock Exchange, Garuda Indonesia’s boss Wamildan Tsani ... the relevant stakeholders. Garuda Indonesia, known by its ticker ... the low-cost airline Citilink. Pelita Air, on ...
Business Sep 17, 2025 | 9:32 am

Lawmaker Opposes Pertamina’s Plan to Merge Pelita Air with Garuda Indonesia

... billion ($5.9 million). Meanwhile, Garuda Indonesia (GIAA) still booked a ... taking over its subsidiary Citilink, which is considered healthier ... structure with Garuda and Citilink, rather than being merged ... outright. “Garuda, Citilink, and Pelita each have ...
Business Sep 15, 2025 | 1:51 pm

Pertamina to Spin Off Non-Core Subsidiaries, Including Pelita Air

... competitor to Garuda Indonesia and its budget arm, Citilink, particularly on domestic ... under the roadmap of Danantara, Indonesia’s newly established sovereign wealth fund ... without essential public service obligations. Indonesia currently counts 47 state-owned ...
Business Sep 11, 2025 | 9:28 pm