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 eagle-like features that appears in both Hindu and Buddhist epic as the vahana (vehicle) of the god Vishnu. Garuda became the national emblem of Thailand and Indonesia; Thailand's Garuda is rendered in a more traditional anthropomorphic style, while that of Indonesia is rendered in heraldic style with traits similar to the real Javan hawk-eagle. India primarily uses Garuda as a martial motif: The word Garuda ( – " "Krud" ") is literally derived from Sanskrit. Indonesia uses the Garuda, called the "Garuda Pancasila", as its national symbol. It is somewhat intertwined with the concept of the phoenix. Garuda is found