Saturday 24th December 2022 – 11:37am WIB
LIVE business – President Director Garuda IndonesiaIrfan Setiaputra confirmed that the injection of government-provided funds into Garuda Indonesia was not to pay off debts. He stressed that participation in state capital (PM extension) will be used to support the acceleration of performance recovery, especially in the line of flight operations.
Where it is known, the government has injected funds i.e. State Equity Participation or PMN into Garuda Indonesia amounting to IDR 7.5 trillion. The funds also come from the 2022 State Budget with the aim of accelerating the recovery of the airline’s business performance.
“Yes, we have received an injection of funds, the designation of which is definitely not to pay off debts,” he said at Terminal 3 of Soetta Airport, Tangerang.
Not only that, the PMN funds provided are not even used to pay airline employee salaries BUM the. Irfan detailed that the government’s injection funds would be used to carry out business development plans.
Garuda Indonesia aircraft at the GMF AeroAsia seminar.
“We will use the injection of funds for a number of things, where 60 percent of the aircraft allocation is according to our business plan, then the rest is working capital,” he said.
He reiterated that the budget will be used in accordance with his designation in terms of responsibility for improving the airline’s services and operations. “We will make it according to plan, otherwise I will go to jail,” he said
