Garuda Indonesia eyes $1b UK Export Finance loan to expand fleet

Garuda Indonesia eyes $1b UK Export Finance loan to expand fleet

Indonesia’s national carrier PT Garuda Indonesia Tbk (GIAA) has expressed interest in the UK Export Finances loan offer worth $1 billion, which had been put forward during Minister of State Owned Companies Rini Sumarno’s visit to Europe last week. The funds would be used for Garuda’s business expansions.

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