# Garuda Indonesia digital and financial developments > Developing situation record from CLSTR: https://clstr.news/situations/garuda-indonesia-digital-and-financial-developments > Updated: 2026-11-05T02:40:23.000Z. Sources: 7. Developments: 2. Garuda Indonesia has undertaken several strategic initiatives to modernize its operations and stabilize its finances. In late October 2026, the airline updated its digital services by launching an enhanced Manage My Booking feature. This tool allows passengers to manage flight schedules, change routes, and request refunds via the official website or mobile application, complementing ticket flexibility policies introduced earlier in the year. By early November 2026, the company announced plans for its third rights issue as part of a broader financial health restructuring plan for 2025–2029. The airline intends to issue up to 248.71 billion new Series E shares. As part of this corporate action, major shareholder PT Danantara Asset Management will contribute capital through an in-kind contribution of shares in PT Garuda Maintenance Facility Aero Asia Tbk, rather than cash. The company expects these measures to optimize asset management and improve its overall equity and financial condition. ## Timeline ### 2026-11-05: Garuda Indonesia plans rights issue to restructure finances Garuda Indonesia plans a third rights issue of up to 248.7 billion shares, with Danantara Asset Management contributing GMFI shares as non-cash capital to support financial restructuring. 3 sources. https://clstr.news/cluster/garuda-indonesia-plans-rights-issue-to-restructure-finances ### 2026-10-31: Garuda Indonesia updates digital services for flight management Garuda Indonesia has updated its Manage My Booking feature, allowing passengers to change schedules and request refunds independently via digital platforms. 5 sources. https://clstr.news/cluster/garuda-indonesia-updates-digital-services-for-flight-management --- Cite as: Garuda Indonesia digital and financial developments. CLSTR, https://clstr.news/situations/garuda-indonesia-digital-and-financial-developments