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 708 landing technique resulting in an excessive rate of sink on touchdown. Among the contributing factors were the uneven pavement of the runway and marginal weather at time of the landing. Garuda Indonesia Flight 708 Garuda Indonesia Airways Flight 708 was a scheduled passenger flight on 16 February 1967 which crashed upon landing at Sam Ratulangi Airport, Manado, North Sulawesi, Indonesia. 22 of the 84 passengers on board were killed. All eight crew members survived. Flight 708 departed Jakarta for a flight to Manado via Surabaya and Makassar. On the second leg of the flight bad weather at Makassar forced the