State-controlled Garuda Indonesia has received an IDR1 trillion ($68 million) working capital credit facility from LPEI - Indonesia's export credit agency - with a tenor of one year.
The facility was extended as a ‘special export assignment’ from the finance ministry to support the national aviation industry.
Thank you for printing this article from Airfinance Journal, your essential intelligence resource for aviation finance. If you have been given this article by a subscriber, you can contact us through email at accountmanager@airfinancejournal.com or call us on +44 (0)20 7779 8015 to discuss our subscription options.
