ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Garuda Indonesia sacks CEO after cost cuts angered union

Minister picks another SOE executive to lead struggling national carrier

Garuda Indonesia's ousted CEO Pahala Mansury during a press conference on September 6. (Photo by Akira Kodaka)

JAKARTA/TOKYO -- National airline Garuda Indonesia on Sept. 12 sacked its chief executive whose cost-cutting measures drew strong resistance from the labor union and replaced him with an executive from another state-owned company.

Garuda, which is controlled by Indonesia's Ministry of State-Owned Enterprises, replaced Pahala Mansury with Askara Danadiputra, president of port operator Pelindo III, at a shareholders' meeting. Other executives were reshuffled, leaving just two of Garuda's eight board seats unchanged.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more