{
  "id": 11100249,
  "title": "Garuda Turns to Share Sale as Fuel Eats Into $1.4 Billion Rescue",
  "url": "https://urgent.news/2026/10/01/garuda-turns-to-share-sale-as-fuel-eats-into-1-4-billion-rescue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T03:18:56.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-10-01/garuda-turns-to-share-sale-as-fuel-eats-into-1-4-billion-rescue"
  },
  "original_language": "en",
  "account": null,
  "summary": "Flag carrier PT Garuda Indonesia’s finances deteriorated further just months after a $1.4 billion rescue by sovereign wealth fund Danantara, as surging fuel costs wiped out its remaining equity and added urgency to another share sale to shore up its finances.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}