Garuda Indonesia (Persero) Tbk PT


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52 Week Range




As of on the Indonesia Stock Exchange ∙ Minimum 15 minute delay


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3M AVG Volume
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52 Week High
52 Week Low
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Next Event

Garuda Indonesia (Persero) Tbk PT Extraordinary Shareholders Meeting

Latest Developments


Garuda Indonesia cancels plan to issue $900 mln bonds for refinancing

Garuda Indonesia books $122.4 mln net profit in Jan-Sept 2019

Garuda Indonesia H1 Net Profit $24.11 mln vs Net Loss In Same Period Last Year


About Garuda Indonesia (Persero) Tbk PT

PT Garuda Indonesia (Persero) Tbk is an Indonesia-based company primarily engaged in commercial airline business. Its business is classified into three segments: flight operation, aircraft maintenance services and other operations. Its flight operation segment comprises passenger flights, which offers both scheduled and non-scheduled flights, and cargo flights. Its aircraft maintenance services segment is operated by its subsidiary, PT Garuda Maintenance Facility Aero Asia. Its other operations segment includes flight services, travel agent, catering, ground handling, facility, hotel, information technology, health, training and other business activities of the Company’s subsidiaries.



Contact Info

Garuda Indonesia Building

Jalan Kebon Sirih No. 44


Executive Leadership

Sahala Lumban Gaol

President Commissioner

I. Gusti Ngurah Askhara Danadiputra

President Director

Fuad Rizal

Director of Finance and Risk Management

Heri Akhyar

Director of Human Capital

Bambang Adisurya Angkasa

Director of Operations

Key Stats

3.00 mean rating - 2 analysts
Revenue (MM, USD)
















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Latest News

Latest News

Garuda Indonesia suspends directors linked to Harley Davidson smuggling: commissioner

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 fines Garuda after CEO fired over smuggled Harley Davidson

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.

Indonesia to fire Garuda CEO for alleged smuggling of motorbike: minister

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.

UPDATE 1-Garuda Indonesia expects $70 mln profit in 2019 - finance director

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

RPT-Garuda scraps inflight photo ban amid online uproar

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.

Garuda scraps inflight photo ban amid online uproar

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.

Airline Garuda Indonesia to fix financial statement after regulator order

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 order Garuda to restate 2018 results, shares drop

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.

Some Garuda shareholders question its 2018 results, $240 mln deal

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.

Sriwijaya Air cancels plan to lease two Boeing 737 MAX jets

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.

Indonesian airline Garuda in talks with Go-Jek to provide logistics support

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 Garuda airline expects to make profit in 2018: CEO

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.

UPDATE 1-Indonesia's Garuda drops 2018 profit hopes, aims for losses under $100 mln

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.

Indonesia's Garuda names Ari Askhara as new chief executive -sources

Indonesian state airline Garuda named I Gusti Ngurah Askhara Danadiputra as its new chief executive at a shareholder meeting on Wednesday, two sources told Reuters.

Garuda pilots call off strike plans, airline to break even this year: CEO

Pilots at Indonesian flag carrier Garuda have agreed not to go on strike, Chief Executive Pahala Mansury said on Friday, easing pressure on the airline's earnings at a time when oil prices are surging.

UPDATE 1-Garuda Indonesia trims Q1 loss, links 2018 profit to fuel price

Flag carrier PT Garuda Indonesia posted a smaller net loss in the first quarter and its chief executive said the airline was on track to return to profitability in 2018, depending on the fuel price.

Garuda to work fleet harder, hedge oil to help return to profit: CEO

PT Garuda Indonesia <GIAA.JK> plans to work its fleet harder, increase oil hedging and add more international flights to help return to profit this year, the airline's chief executive said on Thursday.

UPDATE 1-Airline Garuda Indonesia expects small profit in 2018 vs loss seen by analysts

* Sees 2018 net profit at $8.9 mln vs $26.3 mln loss street view

Indonesia's Garuda airline targets 6-7 percent passenger growth this year

Indonesian airline PT Garuda Indonesia Tbk is targeting a 6-7 percent increase in passenger numbers this year, its new chief executive told Reuters on Wednesday.

UPDATE 1-Fuel costs tip Indonesian airline Garuda into first-quarter loss

* Garuda to control fuel expenses through hedging - CEO (Adds comment from CEO, financial details)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.