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Search result with “Garuda Indonesia Merger” as a keyword founded 19 news.
Pertamina Unit Merger Generates Up to $700 Million in Savings, Danantara Says
... and operational inefficiencies, Danantara Indonesia Chief Operating Officer Dony Oskaria ... Jakarta. Read More: Garuda, Citilink, Pelita Air Merger Targeted for Completion ... Pertamina Diversifies Supply to Shield Indonesia from Global Energy Shocks Danantara ...Business Jun 12, 2026 | 1:04 am
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 ... operators. Read More: Garuda, Citilink, Pelita Air Merger Targeted for Completion This ...Business May 14, 2026 | 10:26 pm
Garuda, Citilink, Pelita Air Merger Targeted for Completion This Semester
... Deal, Rosan Says The merger is also expected to ... additional revenue, especially for Garuda Indonesia, which continues to work ... take the form of a merger or another structure is something ... careful calculation — accounting and merger issues are not simple,” he ...Business Feb 26, 2026 | 11:51 pm
Danantara Wants More Indonesian State Firms in Fortune Global 500
... only electricity provider in Indonesia, and boasted $34.4 ... consolidating the flag carrier Garuda Indonesia and Pertamina’s commercial airline ... details on the possible merger of the construction ... are still evaluating the merger of construction firms, but ...Business Nov 19, 2025 | 8:43 pm
Danantara to Trim State Firms to Prevent Business Cannibalization
... and the flag carrier Garuda Indonesia as another example. Citilink ... benefits and value to Indonesia. … This streamlining and ... ,” Febriany said. A merger between Garuda Indonesia and Pelita Air is ... “But [the merger] will see them [Garuda] copying Pelita Air’s ...Business Nov 14, 2025 | 2:59 pm
Danantara to Cut SOEs to Just 300 Firms
... HIPMI–Danantara Indonesia Business Forum in Jakarta. Indonesia currently has ... the assets. Read More: Indonesia Dissolves SOEs Ministry, Hands Control ... Garuda Indonesia Group, the country’s national airline ecosystem. The merger aims to strengthen Indonesia ...Business Oct 20, 2025 | 5:01 pm
Indonesia Allows Foreigners to Take Leadership Roles at State Enterprises
... had joined the national airline Garuda Indonesia’s top brass in a major board ... currently exploring some merger plans, including one involving Garuda Indonesia and Pertamina’s airline ... Ally Glenny Kairupan Appointed as Garuda Indonesia CEOBusiness Oct 16, 2025 | 7:00 am
Vivo, BP Agrees to Continue Fuel Talks with Pertamina as Stations Run Dry
... progress after the talks stalled. Indonesia’s privately owned gas stations have ... Danantara’s Order on Pelita Air-Garuda MergerBusiness Oct 6, 2025 | 3:52 pm
Pertamina Awaits Danantara’s Order on Pelita Air-Garuda Merger
... Air and the flag carrier Garuda Indonesia. Danantara, which now has all ... parts.” When the possible merger made headlines, Garuda Indonesia’s president director Wamildan Tsani ... stage of exploration”. Business-wise, Garuda Indonesia has been in the red ...Business Oct 3, 2025 | 9:35 pm
Donny Oskaria Becomes Acting SOE Minister as Gov't Mulls Merging Ministry with Danantara
... port operators into Pelabuhan Indonesia (Pelindo), and the merger of airport operators ... president’s directive. The prospect of a merger reflects the government’s broader push ... and advancing plans to merge Garuda Indonesia with Pelita Air, a Pertamina ...News Sep 19, 2025 | 7:00 pm
SOEs Ministry No Longer Relevant After Danantara, Economist Says
... the SOEs Ministry into Danantara, Indonesia’s sovereign wealth fund, despite ... bonuses and planning a merger between flag carrier Garuda Indonesia and Pertamina’s aviation arm ... the government envisions Danantara as Indonesia’s version of Singapore’s Temasek, ...Business Sep 18, 2025 | 10:38 am
Reshuffle: Govt Still Has No Plan to Merge SOE Ministry into Danantara
... the latest cabinet reshuffle, although Indonesia chose to leave that option ... the possible Danantara-SOE Ministry merger, State Secretary Prasetyo Hadi told ... to merge the flag carrier Garuda Indonesia with Pelita Air, the aviation ...Business Sep 17, 2025 | 7:27 pm
Danantara’s Boss Says Pelita Air-Garuda Merger Plan Still Under Review
... the idea of a Pelita-Garuda merger in a hearing with the ... was still reviewing the merger. “We are still ... letter addressed to the Indonesia Stock Exchange, Garuda Indonesia’s boss Wamildan Tsani ... 81 percent. The proposed merger drew sharp criticism from ...Business Sep 17, 2025 | 9:32 am
Lawmaker Opposes Pertamina’s Plan to Merge Pelita Air with Garuda Indonesia
... red. “I firmly oppose the merger of Pelita with Garuda. A few weeks ago ... Rp 96 billion ($5.9 million). Meanwhile, Garuda Indonesia (GIAA) still booked a net loss ... Raharjo, echoed concerns, saying the merger plan offers little benefit for ...Business Sep 15, 2025 | 1:51 pm
Pertamina to Spin Off Non-Core Subsidiaries, Including Pelita Air
... integrated with flag carrier Garuda Indonesia, he said. Pelita Air ... a rising competitor to Garuda Indonesia and its budget arm, ... More: Gov't Plans Merger of Garuda Indonesia and Pelita Air into ... public service obligations. Indonesia currently counts 47 state ...Business Sep 11, 2025 | 9:28 pm
Gov't Plans Merger of Garuda Indonesia and Pelita Air into InJourney
... majority shareholder of local carrier Garuda Indonesia (GIAA), is proceeding with ... InJourney. According to Garuda Indonesia CEO Irfan Setiaputra, this merger would take place ... known as Sharia-based ijarah. Garuda Indonesia's Director of Finance and Risk ...Business Jul 4, 2024 | 10:09 am
PPP Wants Court to Award Nearly 200,000 Votes to Stay in Parliament
... founded in 1973 as a merger of four Muslim-based ... - 15.29 percent 3. Great Indonesia Movement Party (Gerindra) - 13 ... (PSI) - 2.81 percent 3. United Indonesia Party (Perindo) - 1.29 percent 4. ... (PBB) - 0.32 percent 9. Garuda Party - 0.27 percent 10. Nusantara ...News Apr 29, 2024 | 6:03 pm
Garuda Indonesia's Shares Soar After Paris Court Backs GIHF
... in favor of its subsidiary, Garuda Indonesia Holiday France SAS (GIHF), ... ,000 euros to GIHF," said Garuda Indonesia's Director of Operations, Tumpal M ... , Garuda addressed recent speculations surrounding its potential merger with Aviasi Pariwisata Indonesia ( ...Business Feb 27, 2024 | 11:13 am
Garuda Indonesia Addresses Merger Speculations with InJourney
... Garuda Indonesia has addressed recent speculations surrounding its potential merger with Aviasi Pariwisata Indonesia ... Operations at Garuda Indonesia, said discussions regarding the merger are ... for the merger plan, Tumpal highlighted that Garuda's endorsement ...Business Feb 25, 2024 | 12:38 pm
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