Indonesia’s sovereign wealth fund, Danantara, is scaling back its financial support for the national flag carrier, PT Garuda Indonesia.
This reduction in funding raises concerns about the airline’s capacity to modernize and refresh its aging fleet, which is crucial for maintaining competitive operations and improving service quality.
The move puts additional pressure on the already distressed carrier as it seeks alternative solutions to sustain its fleet renewal plans and ensure long-term viability.
https://www.bloomberg.com/news/articles/2025-11-11/garuda-s-fleet-growth-at-risk-as-danantara-trims-funding
