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 expected reduction in the number of flights for Garuda?

How much capital is being injected into Garuda for its restructuring?

What is the anticipated impact of the lease rate reduction on Garuda's operating profit?

What are the two types of investors Garuda is seeking?

What is the expected timeline for Garuda to recover its domestic market traffic to pre-COVID levels?

Why does the government intend to maintain a 51% stake in Garuda?

What strategies are being discussed to optimize Garuda's workforce?