Garuda Indonesia Offering. Government of Indonesia has confirmed the IPO price of Garuda Indonesia at Rp.750 per share and also cut offering size to 6.3 billion shares only from 9.362 billion planned before. Garuda Indonesia’s subsidiaries include: Garuda Indonesia operates flights to 83 destinations (64 domestic and 19 international) in 14 countries, with approximately 500 daily departures from its hubs at Jakarta, Denpasar, Medan and Makassar. The airline serves 3 continents Asia, Australia and Europe with its fleet of 140 aircraft, to destinations such as Singapore, Shanghai, Tokyo, Amsterdam and London, and although it has rapidly expanded its route network since the
Garuda Indonesia Flight 035 aircraft. Four of the eight crew died and 19 passengers suffered fatal injuries due to smoke inhalation and burns. Four crew and 18 passengers suffered serious injuries. All of the fatalities were a result of the fire and not due to the impact with the ground. The flight was carried out by a 1976-built Douglas DC-9-32 registered "PK-GNQ". The aircraft was damaged beyond repair. Garuda Indonesia Flight 035 Garuda Indonesia Flight 035 was a domestic Garuda Indonesia flight that struck a pylon and crashed on approach to Medan-Polonia Airport on 4 April 1987. 23 of the 45 passengers and crew