Garuda Indonesia for 10 Boeing 777-300ERs instead, which it would take delivery of in 2013 to use on long-haul flights to Europe, and medium-haul flights within Asia, such as to Japan, China, Singapore and Saudi Arabia, as well as short-haul domestic routes between Jakarta and Denpasar. The airline made its debut on the Indonesia Stock Exchange in February 2011, with the government of Indonesia retaining a majority of the shares. PT Trans Airways bought 10.9 percent stake of Garuda Indonesia unsold IPO shares from underwriters on 27 April 2012. The transaction was valued at Rp 1.53 trillion ($166.8 million). In late 2014,
National emblem of Indonesia Pancasila" was still "bald" without crest crowning its head like current version. President Sukarno introduced the national emblem of Indonesia to the public at Hotel Des Indes, Jakarta, on 15 February 1950. Sukarno continued to improve the design of "Garuda Pancasila". On 20 March 1950, Sukarno ordered the palace artist Dullah to make several improvements according to his suggestions, such as the addition of a crest and the change of talons position to the scroll. It was believed that Sukarno suggested the crest addition because the "bald" Garuda was considered too similar to the bald eagle in the United States