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Circulating Option to Determine the Fate of Garuda Indonesia, Number 4 Makes Horrified!

Jakarta

The rescue scheme of PT Garuda Indonesia (Persero) Tbk is circulating on social media. From this scheme, there are 4 options for saving Garuda. Here’s the scheme:

1. Garuda Capital Injections

As seen by detik.com, Thursday (27/5/2021), the first option is to continue to support Garuda. As for the explanation, the government will continue to support Garuda by providing loans or injecting equity or capital. This is the case with Singapore Airlines. This option also leaves a note.

“The potential to leave Garuda with a large inherited debt will create a challenging situation in the future,” the note read.

2. Garuda is prevented from going bankrupt

The second option is to use the bankruptcy protection law to restructure Garuda. As for the explanation, using the legal bankcruptcy process to restructure debt, leases, work contracts.

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