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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 5 sources · 4 days · First seen · Last updated
Garuda Indonesia leadership transition
Overview
PT Garuda Indonesia (Persero) Tbk has appointed Thomas Sugiarto Oentoro as its new President Director. The appointment was finalized during an Extraordinary General Meeting of Shareholders on October 8, 2026.
Oentoro succeeds Glenny H. Kairupan, who transitioned from President Director to the role of President Commissioner, replacing Fadjar Prasetyo. Oentoro, who previously served as the airline’s Vice President Director and an independent commissioner, brings a background in finance and risk management. Other key leadership appointments include Alan McIntyre as Commercial Director and Eric Ferdinand Sofyal as Operations Director.
The leadership change is intended to support the airline’s transformation following debt restructuring. Management aims to strengthen financial health, recover fleet capacity, and drive revenue growth. This follows a reported 16% increase in revenue and a 23.2% decrease in net losses during the first half of 2026.
Entities
Thomas Sugiarto Oentoro · Indonesia Investment Authority · Garuda Indonesia · Glenny H. Kairupan
Timeline
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[BUSINESS] 2 sourcesThomas Sugiarto Oentoro appointed CEO of Garuda Indonesia
Thomas Sugiarto Oentoro has been appointed President Director of Garuda Indonesia, succeeding Glenny H. Kairupan as the airline continues its financial and operational transformation.
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[BUSINESS] 3 sourcesThomas Sugiarto Oentoro appointed President Director of Garuda Indonesia
Thomas Sugiarto Oentoro has been appointed President Director of Garuda Indonesia, succeeding Glenny H. Kairupan, as the airline continues its financial recovery efforts.
Sources
balidiscovery.com · clovermedia.jp · ekbis.sindonews.com · harianjogja.com · jawapos.com