Garuda Indonesia Axes Routes

Troubled airline Garuda Indonesia has confirmed that it plans to cut 97 routes from its schedule next year in an attempt to reduce future losses.

The airlines schedule will reduce to around 140 routes from the current 237 and will go alongside the planned reduction of the airlines fleet from 142 to as low as just 50 aircraft.

The airline has been hit in recent years by increasing competition on international routes as rival airlines took key passenger numbers with better flights times and lower fares on many routes.

Routes being cut include Amsterdam, London, and South Korea.

The airline will instead concentrate much of its schedule on the domestic market where it is a successful and highly competitive player.

Last week the Indonesian Deputy State-Owned Enterprises Minister told parliament that the airline was technically bankrupt, with debt increasing by US$100 – $150 million per month.

It is reported that the airlines total current debt is around US$9.75 billion. Creditors are believed to include banks, aircraft lessors, airports, oil companies, air navigation providers and ground handling companies.

Sources: TTGAsia & Simple Flying

Advertising and affiliate links help to support this site. We only partner with organisations who we believe provide a good service or product. Thank you.

Published by flyingdogtravel

Travel inspiration

Leave a Reply

%d bloggers like this: