Garuda Indonesia plans to issue $800 million in new debt and raise $330 in fresh equity. This is part of the restructuring plan that has been presented to a court in Jakarta on June 9. Creditors of the troubled airline will vote on the plan on June 15. Garuda plans to...
Indian airlines cannot seem to get enough expat CEOs, and they are adding a few more names to the list in the coming days. We recently reported about Air India appointing New Zealand-born Campbell Wilson as its CEO, the first after the privatization. Now, IndiGo has...
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