Garuda

Ex-Garuda Indonesia boss arrested

The former CEO of Indonesian carrier Garuda has been arrested on money-laundering charges linked to a major corruption scandal that saw British engine-maker Rolls-Royce pay more than US$800 million in fines, anti-graft investigators said.Emirsyah Satar's arrest Wednesday comes over two years after he was named a suspect by Indonesia's Corruption Eradication Commission (KPK) for allegedly receiving kickbacks from Rolls-Royce in exchange for buying planes fitted with its engines.Satar

9 August 2019
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Indonesia to cancel 49-jet Boeing 737 deal

Indonesia's national carrier Garuda has told Boeing it will cancel a multi-billion-dollar order for 49 Boeing 737 Max 8 jets after the model was involved in two fatal crashes.The move could spark more cancellations from other major carriers, an aviation analyst said, as Boeing and United States (US) federal regulators get set to face their first public grilling by Congress since the deadly incidents."We have sent a letter to Boeing requesting that the order be cancelled," Garud

25 March 2019
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