Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has secured a USD405 million shareholder loan from the Danantara (Daya Anagata Nusantara) sovereign wealth fund, according to a June 24, 2025, Indonesia Stock Exchange filing. The majority of the funds (USD295.3 million) will go to subsidiary Citilink (QG, Jakarta Soekarno-Hatta) and the remaining USD109.7 million will help overhaul Garuda Indonesia.

As previously reported by ch-aviation, loan negotiations have been underway since early May. The sovereign…

Source: ch aviation
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