Originally Posted by
ORAC
Well part of their criteria for selection was based on commonality with Garuda for servicing, spares etc - and Garuda has a fleet of 48 x A330s….
considering the deep financial Poo Poo that garuda is in thats going to a non issue. Rumor are they Garuda will be going to a domestic 737-800 fleet only in an attempt to survive
They have 142 planes in the fleet and want to return 101
They also recently default on their restructuring loan
A deputy minister of state-owned enterprises said earlier this month the state-controlled airline's total debt is about US$4.5 billion and it runs a US$100 million negative cashflow a month due to high costs and low revenues during the coronavirus pandemic.