Garuda Airlines: Building Back After Crisis

The transcript discusses the crash of Garuda Flight GA 200 and its impact on Indonesia's air safety reputation, leading to an EU ban. Garuda faced financial challenges, prompting management changes and restructuring efforts. The airline aimed for privatization to improve its market position. Leadership initiatives focused on brand revitalization, while a past scandal involving a former CEO resurfaced.

What was the primary cause of the Garuda Flight GA 200 crash?

• Engine failure

• Bad weather

• Bird strike

• Pilot error

What was the consequence of the EU's action against Indonesian airlines?

• Merger with European airlines

• Ban from flying to Europe

• Increased ticket prices

• Closure of Indonesian airports

Why was Garuda Indonesia's new CFO optimistic despite financial worries?

• Decrease in fuel prices

• Partnership with a major airline

• Government bailout

• Strong brand and large market potential

What was one of the challenges Garuda faced from other airlines?

• Higher ticket prices

• Better service quality

• Lower service standards and fares

• More flight routes

What was a significant external factor affecting Garuda's financial situation?

• Rising fuel prices

• Decreasing passenger numbers

• New government regulations

• Increased competition from trains

What strategy did Garuda's management consider to improve financial transparency?

• Partnership with a foreign airline

• Privatization

• Government subsidy

• Cost-cutting measures

What was the intended benefit of Garuda's privatization plan?

• Improved cash position and transparency

• Decrease in employee numbers

• Increase in government control

• Reduction in flight routes

What was a key focus of Garuda's rebranding efforts?

• Reducing ticket prices

• Improving service quality

• Hiring more pilots

• Expanding flight routes

How did Garuda's CEO demonstrate leadership during the restructuring?

• By cutting costs

• By leading by example

• By hiring new staff

• By increasing salaries

What was the impact of the scandal involving Garuda's former CEO?

• It improved the company's reputation

• It posed a challenge to current management

• It led to a merger with another airline

• It resulted in increased profits