Transportation
Indonesia Weighs Garuda CEO Switch Under Turnaround Plan
- Acting chief of Lion Air seen as the preferred candidate
- Garuda posted its third quarterly net loss as of September
PT Garuda Indonesia aircraft at Soekarno-Hatta International Airport in Cengkareng, Indonesia.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
Indonesia is considering switching the chief executive officer at the Garuda Indonesia airline, part of the new government’s push to advance the carrier’s profitability and support its expansion, according to people familiar with the matter.
Wamildan Tsani Panjaitan, the acting chief executive of the low-cost carrier Lion Air, has emerged as the leading candidate for the position, said the people, who asked not to be identified because they’re not authorized to speak publicly. The other potential candidate is Garuda Chief Financial Officer Prasetio, according to one person familiar with the matter.