Garuda Indonesia (Persero) Tbk PT

Bombardier's chief executive on Thursday said he expects layoffs as part of broader plans to cut excess capacity, after the plane-and-train maker missed on quarterly operating profits earlier in the day due to the coronavirus pandemic.

Flag carrier Garuda Indonesia <GIAA.JK> is in talks with Airbus <AIR.PA> to delay deliveries of four aircraft this year, its chief executive said on Tuesday, as the coronavirus outbreak restricts travel and dampens demand.

Airline PT Garuda Indonesia is preparing to propose a 3-year maturity extension to its $500 million Islamic bonds that are coming due on June 3, the company said in a statement late on Tuesday.

Airline PT Garuda Indonesia is preparing to propose a 3-year maturity extension to its $500 million Islamic bonds that are coming due on June 3, the company said in a statement late on Tuesday.

The Indonesian government is listing state-owned companies hit hard by the coronavirus pandemic that will receive government support, which may include airline Garuda, a finance ministry official said on Wednesday.

Indonesia's government is working to arrange a $500 million bridging loan for flag carrier Garuda as the airline seeks to restructure Islamic bonds due to mature next month, a deputy minister said on Monday.

Flag carrier PT Garuda Indonesia <GIAA.JK> is suspending directors linked to the alleged smuggling of a Harley Davidson motorbike by its chief executive, the company's chief commissioner said on Saturday.

Indonesia will fine flag carrier PT Garuda Indonesia <GIAA.JK> for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorcycle onboard a new plane, state news agency Antara cited the transport minister as saying.

The chief executive of national flag carrier PT Garuda Indonesia <GIAA.JK> will be dismissed on suspicion of smuggling a motorbike into the country on a new plane, State-Owned Enterprises Minister Erick Thohir said on Thursday.

* Airline still talking to Boeing about 737 MAX order (Adds comments on strategy, 737 MAX talks)

Indonesian flag carrier Garuda withdrew a proposal to stop passengers taking photos in cabins on Wednesday after being mocked over a plan that was introduced after a travel blogger posted unflattering photos on a flight.

Indonesian flag carrier Garuda withdrew a proposal to stop passengers taking photos in cabins on Wednesday after being mocked over a plan that was introduced after a travel blogger posted unflattering photos on a flight.

Indonesian flag carrier Garuda <GIAA.JK> will comply with requests from regulators to "fix and restate" its financial statements and pay fines for accounting errors, company executives said on Sunday.

Indonesian regulators have ordered national flag carrier Garuda <GIAA.JK> to "fix and restate" its 2018 financial results over accounting errors within two weeks, and said they would also impose fines on the airline and its directors.

The two largest private shareholders of Indonesian national flag carrier Garuda questioned on Wednesday the airline's 2018 financial results and alleged it misrepresented a $240 million financial transaction - a claim the airline rejected.

Indonesia's Sriwijaya Air, which is operated by flag carrier Garuda Indonesia, has cancelled plan to lease two Boeing Co 737 MAX jets, a spokesman said on Friday.

Indonesia's national carrier Garuda and Go-Jek are in talks for a partnership that will make it easier for the ride-hailing and e-commerce app to move goods to customers within the 17,000 islands of the sprawling Southeast Asian archipelago.

Indonesia's national flag carrier Garuda expects to end 2018 in profit and is targeting a net profit of 1 trillion rupiah ($69.03 million) for 2019, its chief executive said on Friday.

The new boss of Indonesia's Garuda has abandoned the state-owned airline's hopes of making a profit this year, saying he aimed to keep losses to less than $100 million despite rising fuel prices and a weaker rupiah.