Indonesia Says Garuda to Refocus on Domestic Travel

The video discusses Garuda's debt restructuring, focusing on reducing its fleet and refocusing on the domestic market. It highlights a significant financial injection aimed at rejuvenating aircraft maintenance and achieving profitability. The company is seeking strategic international and financial investors to support its recovery and growth. Negotiations with lessors have led to reduced lease rates, and the government plans to maintain a 51% stake while optimizing the workforce through a holding group strategy.

What is the primary focus of Garuda Indonesia's business after restructuring?

• Expanding international routes

• Focusing on the domestic market

• Reducing ticket prices

• Increasing the number of aircraft

How much capital is Garuda planning to inject for aircraft maintenance?

• 6 trillion rupiah

• 7.5 trillion rupiah

• 10 trillion rupiah

• 5 trillion rupiah

What is Garuda's strategy to achieve positive operating profit by 2023?

• Hiring more staff

• Expanding international flights

• Reducing lease rates and optimizing routes

• Increasing ticket prices

Which two types of investors is Garuda engaging with?

• Technology firms and startups

• Government agencies and NGOs

• International airlines and financial investors

• Local banks and private individuals

What is the expected impact of the domestic market recovery on Garuda?

• It will decrease international interest

• It will increase ticket prices

• It will attract global airlines as partners

• It will lead to a reduction in flights

What percentage of its stake does the Indonesian government plan to retain in Garuda?

• 49%

• 51%

• 55%

• 60%

How does Garuda plan to manage its workforce costs?

• By hiring more staff

• By increasing salaries

• By reducing the number of employees

• By integrating with other businesses