Garuda Indonesia to raise its GMF AeroAsia stake to 93.2%

First reported

Garuda Indonesia to raise its GMF AeroAsia stake to 93.2%
Image: journal-aviation.com

Garuda Indonesia will increase its ownership of GMF AeroAsia from 27.4% to 93.2% by acquiring an additional 65.77% stake, with the transaction to be voted on by shareholders on 6 November. Danantara Asset Management will contribute 82.1 billion GMF shares valued at 5 660 billion rupiah as part of the deal.

Based on 1 report

How we use AI · Report an error

In this post

Latest

  1. U.S. CBP retires last P-3 Airborne Early Warning aircraft after final flight
  2. British Airways boosts London‑St. Louis capacity by 80% with new frequencies
  3. Germany plans to order 16 new Airbus A400M transport aircraft
  4. ACI Europe unveils Sustainable Development Strategy 2.0 for airports
  5. Air France‑KLM reports €114 billion economic impact in the EU
  6. Airbus Helicopters to supply 12 H225M helicopters to Romanian Air Force
  7. SATENA to start Montería‑Panama flights on Oct 26 with three weekly services
  8. Wizz Air moves base to Bratislava as Ryanair trims Vienna and Linz routes
All latest posts

Welcome back

Enter your email and password.

New to Terminair?

PrivacyCookies