The Indonesian airline Garuda will cancel orders for the Airbus and Boeing planes

The airline PT Garuda Indonesia (PT) Tbk, bankruptcies passing through procedure and debt restructuring, intends to withdraw the orders more than on 60 Airbus and Boeing planes, reports information agency "Bloomberg". The state carrier wants to cancel the order on nine A330-900 planes and four A330-800 planes, the finance director of companies declared to Prasetio. This order is estimated more than at $1 billion proceeding from the prices provided by the appraiser of the Avitas Inc.Krome planes of those, Garuda intends to use procedure of bankruptcies to cancel order on 49 Boeing 737 MAX 8 planes. Carrier still in...