JAKARTA -- Garuda Indonesia is pitching a "strategic partnership" with Gulf airlines Emirates and Etihad Airways now that it has secured 7.5 trillion rupiah ($499.3 million) in government support and after averting bankruptcy.
Indonesian State Enterprise Minister Erick Thohir traveled to the United Arab Emirates last week, where he met separately with top executives of Emirates and Etihad. His visit coincided with that of President Joko Widodo, who stopped in Abu Dhabi on Friday to witness the signing of the Indonesia-UAE Comprehensive Economic Partnership Agreement. Widodo was on his way home from Europe.
