June 26, 2025

Aviation

Home Aviation
Funds

$1.3bln in airline funds blocked by governments

  • June 1, 2025

New Delhi – The International Air Transport Association (IATA) reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end April 2025. This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. IATA urged governments to remove all barriers preventing

Read More
Banking

Govt banking on Danantara to help expand Garuda’s fleet – Companies

  • March 13, 2025

eputy Industry Minister Faisol Riza has announced that Garuda Indonesia is set to order up to 100 aircraft this year from major manufacturers like Airbus and Boeing, referring to a statement made by President Prabowo Subianto during the launch of the country’s second sovereign wealth fund (SWF). “The President mentioned this during the launch of

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline