Bloomberg PT Garuda Indonesia is entering a court-supervised debt restructuring process after a Jakarta court accepted a debt petition filed against the airline in a test of how far Indonesia’s government will go to rescue a state-owned company. Garuda amassed $9.8 billion in debt and judges in the Central Jakarta Commercial Court accepted a petition to suspend debt payments ...

    Bloomberg Indian regulators are investigating a Boeing Co 737 Max incident, operated by SpiceJet Ltd, which caused the plane to turn back to Mumbai shortly after departing for Kolkata and its pilots to shut down an engine due to a technical issue. While the plane landed safely and nobody was injured, the incident is sensitive as it involved ...

    Bloomberg The union for American Airlines Group Inc pilots said the carrier will violate its contract by scheduling “graveyard shift” flight simulator training sessions as it works to ready 440 pilots being added this year. American detailed plans for the sessions, which would begin after midnight, in a message to pilots, saying the temporary measure starting in January ...