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Garuda Targets $200m in Loans to Finance Aircraft

Saturday, 04 February 2012 23:35 Ani Hasanah
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VOI News 19:00 WIB, GMT+7, 04.02.2012

 

Garuda Indonesia, the country's flag carrier, is seeking $200 million in bank loans for financing this year as it boosts the number of aircraft it plans to purchase by more than double.

 

Pertamina EP, the upstream business unit of state-owned oil and gas firm PT Pertamina, expects to produce 126,000 barrels of oil per day-bpd in February, lower than the government's target of 135,000 bpd.

 

 

 

 

Last Updated on Saturday, 04 February 2012 23:38

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