Home > Indonesia's Garuda Wants to Cancel $6 Billion Order

Business
Indonesia's Garuda Wants to Cancel $6 Billion Order

Description

JAKARTA (Reuters) - National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday. The airline could switch the order, valued at $6 billion at list prices, to other Boeing models, Rizal told Reuters. Garuda is the first airline to publicly confirm plans to cancel an order for the troubled jets after the second crash of a 737 MAX 8, which killed 157 people in Ethiopia last week. Garuda CEO Ari Askhara told Reuters on Friday that customers had lost trust in the 737 MAX 8.

Added on the 22/03/2019 07:28:37 - Copyright : Wochit

To customise your video :

Generic export code

More videos on the subject

US lawmakers reject $17.6 billion Israel aid bill

US lawmakers vote to reject a standalone Israel aid bill denounced by critics as a "cynical" bid to thwart a cross-party border security and foreign assistance package that would include cash for war-torn Ukraine. IMAGES

07/02/2024 - AFPTV - First images
Social security deficit to fall sharply to 21.6 billion euros in 2022: French minister

The social security deficit will be lower than expected this year and "we expect a strong improvement in 2022" to 21.6 billion, says France's Public Accounts Minister Olivier Dussopt in Paris. IMAGES

24/09/2021 - AFPTV - First images
Public mobility restrictions in Indonesia extended to September 6

Aceh, Sep 1 (EFE/EPA).- The Indonesian government extended the enforcement period of the emergency state of public mobility restrictions from August 31 until September 6, with a number of relaxations for community activities, such as conducting trials for the reopening of several public areas, as long as the visitors carry a Covid-19 vaccination certificate.(Camera: HOTLI SIMANJUNTAK)SHOT LIST: A TRADITIONAL FISH MARKET IN LAM PULO, ACEH, INDONESIA.

01/09/2021 - EFE Inglés
Japan logs trade surplus of $6.1 billion in March

Tokyo, Apr 19 (EFE/EPA).- Japan logged a trade surplus of 663.7 billion yen (about $6.1 billion) in March as exports also posted the most robust surge in over three years, said the government data released Monday.The trade surplus figure is higher than recorded in March 2020 and three times more than registered in February, the finance ministry said in preliminary data.The figures signal the global economy continues to recover from the last year's slump due to the coronavirus pandemic that had put brakes on the economic activities across the world. (Camera: ARCHIVE).FILE FOOTAGE OF SHOPPERS AND ECONOMIC ACTIVITIES IN TOKYO, JAPAN.

19/04/2021 - EFE Inglés
Indonesia's economy to contract by 0.6% to 1.7% in 2020

Depok, Dec 15 (EFE/EPA).- The Indonesian government predicts that the nation's economy will contract between 0.6 and 1.7 percent this year, before rebounding to an estimated five percent growth in 2021. (Camera: BAGUS INDAHONO).SHOT LIST: WORKERS COOK AND DRY CRACKERS IN A FACTORY IN DEPOK, WEST JAVA, INDONESIA.

15/12/2020 - EFE Inglés
Airbnb Targeting $2.6 Billion In Mid-December IPO

Business Insider reports that Airbnb is planning to raise $2.6 billion in its mid-December IPO. The IPO would give Airbnb a valuation of up to $35 billion. The company plans to list about 50 million shares at between $44 and $50 per share, a regulatory filing showed. Airbnb will list on the NASDAQ under the symbol "ABNB." It was previously eyeing a $30 billion valuation, with $3 billion in proceeds.

01/12/2020 - Wochit