Indonesian airline Garuda gets two-day reprieve in debt restructuring vote

Creditors of Garuda Indonesia are set to vote on a restructuring proposal on Friday, a court-appointed administrator said, after the debt-ridden airline was given a two-day delay on holding the vote.

On Monday, Garuda asked for the vote, which was initially scheduled for Wednesday, to be postponed as the carrier finalised the restructuring proposal.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter