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
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