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 150 Garuda Indonesia Flight 150 Garuda Indonesia Airways Flight 150 was a scheduled Indonesian domestic passenger flight from Kemayoran Airport, Jakarta to Sultan Mahmud Badaruddin II Airport, Palembang. On September 24, 1975, Flight 150 crashed on approach due to poor weather and fog just 2.5 miles (4 kilometers) from the town of Palembang. The accident killed 25 out of 61 passengers and crew on board and an additional person who was killed on the ground. The Fokker F-28 Fellowship registration PK-GVC was built in 1971 and had done over 1000 hours of flying time before the fatal accident. Garuda Indonesia Airways