State fund Danantara’s decision to inject more than 23 trillion rupiah (US$1.37 billion) into Garuda Indonesia has been framed in official statements as a forward-looking intervention meant to stabilize a national carrier and protect aviation sovereignty. The narrative is polished and familiar. Indonesia presents the move as safeguarding a strategic national asset, yet behind the […]The post Indonesia drains Danantara to keep a flagging Garuda flying appeared first on Asia Times.