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 206 deported from Indonesia. They also specified the release of one of their comrades at a secret location. The hijackers told Thai police to deliver their demands to the Indonesian government, and threatened to blow up the plane with all the passengers and crew aboard if their demands were not met. The Deputy Commander of the Armed Forces, Admiral Sudomo, immediately ordered the Indonesian Army's Kopassus, to conduct a counter-terrorist raid to rescue the hostages. The commandos borrowed a McDonnell Douglas from Garuda Indonesia that was similar to the hijacked plane for three days to rehearse a raid. The team was