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12-Nov-2025 4:52 PM

Garuda Indonesia to receive USD1.4bn capital injection from Danantara

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Background ✨

Garuda Indonesia planned to seek shareholder approval on 12-Nov-2025 for approximately USD1.44 billion in funding from Danantara Asset Management via private placement, and also agreed to convert a USD405 million loan from Danantara into shares1. CEO Wamildan Tsani Panjaitan previously stated the USD405 million loan would support MRO and inspections, with additional focus on business optimisation and restructuring2.

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