Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Garuda & Merpati to Merge?
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali

+62 (0)812 3819724
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

Bali News

Garuda & Merpati to Merge?

Re-merging Garuda Indonesia and Merpati Nusantara Airlines Under Consideration by Government.

Bali News:
Click Image to Enlarge


The State Minister for State-Owned Enterprises, Mr. Laksamana Sukardi, has recently endorsed the idea of merging Garuda Indonesia and Merpati Nusantara Airlines.

Underlining that such a move would first have to be subject to careful scrutiny, the Minister said both companies now have their own respective corporate cultures and any potential synergy resulting from such an amalgamation would have to reduce costs and add to the overall efficiencies of both carriers.

Minister Sukardi was speaking at a thanksgiving ceremony held in connection with the recently approved restructuring of US$1.8 billion in Garuda's debt that successfully extended the repayment period from 12 to 16 years. Escaping the threat of imminent liquidation, Garuda Indonesia received final permission to restructure its debt last week from the High Courts of London and Singapore. Mr. Abdulgani, the President Director of Garuda, recently told the press that permission to restructure their corporate debt was based on his airline's dramatic turn around achieved over the past 3 years that managed to reduce costs, obtain Federal Aviation Administration (FAA) certification, be named the best on time airline at Amsterdam Schiphol airport, and win a "crisis busting" award from Travel Weekly East magazine.

Garuda's boss has publicly expressed his scepticism regarding the merging of the two airlines in light of the unfavorable results of recent financial and management audits of Merpati.

The next step in Garuda's financial salvation include plans for the privatization of airline 2003, providing the necessary capital to repay its debt and finance expansion plan for the national carrier.

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
The Celebration Continues
Join Friends of Jack and Bali Update Dinner at DíRoemah by Lonny on Saturday, March 24, 2018
Baliís Jungle Park Now Ranked Among the Best
West Bali National Park Named Among Top Destinations at ITB-Berlin
6 Men Wielding Knives, Playing with Fire
Bali's Top 6 Chefs Cook Collaboratively on Friday, April 13, 2018 at Ubud Food Festival
Planning a Landing in North Bali
Bali Governor Pledges to Challenge Jakartaís Rejection of New Airport for North Bali
Meet Us at the Fair!
5th Bali and Byond Travel Fair June 26-30, 2018
Tongue Tied in Balinese
Bale Banjar Culture Club Lecture on April 8th Explores the Complexities of Trying to Speak Balinese
Free Market Competition Takes a Back Seat in South Bali
Bualu Compels Hotels at Nusa Dua to Agree to Block Online Transportation. But is this Legal?
Donít Fence the Balinese In!
Voters Demand More Park Space and Beach Access from Gubernatorial Candidate
A Land to Remember
Art Exhibition by I Putu Bonuz Sudiana at Griya Santrian Art Gallery Through 29 April 2018
5-Days of Fun on Baliís Sanur Beach
Sanur Village Festival Returns to Bali August 22-26, 2018
Trip Advisor: Bali is the Best
Bali Named Best Destination in 2018 Readersí Choice Awards
Death Takes No Holiday
80-Year-Old Australian Man Dies of Natural Causes in Kuta Hotel
All [News]!