Asian Airlines

📚 Acrostics Anatomy: Indonesia’s Albatross

Indonesia’s flag carrier Garuda Indonesia has weighed down successive administrations.

Apr 16 • Eveline Danubrata

💼 Brief Take: Asian Airlines’ Survival of the Most Liquid

Survival depends on which airlines can stretch their liquidity the longest.

Apr 10 • Eveline Danubrata

💼 Brief Take: Garuda Indonesia’s Saudi Venture

The Indonesian president ordered Garuda to explore a joint venture with Saudi Arabia’s flag carrier for Muslim pilgrimages.

Apr 8 • Eveline Danubrata

📒 Quick Take: Garuda Indonesia’s Quicksand

The capital injection from sovereign fund Danantara risks drying up faster than expected.

Mar 26 • Eveline Danubrata

📸 Snapshot: Garuda Indonesia 2025 Results

Danantara’s capital injection improved Garuda’s balance sheet, but has not turned around the flag airline’s operations.

Mar 19 • Eveline Danubrata

📒 Quick Take: Indonesia’s Plane Pool

Indonesia is pooling the fleet of its state-owned airlines to overcome their plane shortage.

Feb 27 • Eveline Danubrata

📒 Quick Take: A Tale of Two South Asian Airlines

The flag carriers of Pakistan and Sri Lanka are flying along different trajectories.

Feb 21 • Eveline Danubrata

👣 Asia’s Restructuring Milestones

Key developments across Asia’s restructuring landscape

Nov 16, 2025 • Eveline Danubrata

📒 Quick Take: Asian Flag Airlines’ Cash Plight

From Jakarta to Colombo, Asian flag carriers are fighting a common battle for cash.

Nov 11, 2025 • Eveline Danubrata

📚 Acrostics Anatomy: Garuda Indonesia’s Clean Up Operation

The Indonesian flag carrier moves to reshuffle its management and clean up its balance sheet.

Oct 8, 2025 • Eveline Danubrata

💼 Brief Take: Go First’s Missing Tyres

Japanese tyre maker Bridgestone is chasing bankrupt Indian airline Go First to recover 1,400 tyres.

Sep 3, 2025 • Eveline Danubrata

📚 Acrostics Anatomy: Indonesia’s Mission to Save Garuda

President Prabowo Subianto ordered sovereign fund Danantara to lead a campaign to turn around flag airline Garuda Indonesia.

Jun 27, 2025 • Eveline Danubrata

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