Garuda Pailit Suer Credit, This Is A Response To President Director Irfan Setiaputra

President Director of Garuda Indonesia, Irfan Setiaputra, said that his party had not received an official notification from the Central Jakarta District Court regarding the request to cancel the peace of the Garuda Debt Payment Obligation Suspension homologation process (PKPU).

As is known, the two Garuda creditors who submitted the cancellation were Greylag

Reporting from the Case Tracking Information System (SIPP) of the Central Jakarta District Court, the lawsuit is registered with case number 6/Pdt.Sus-Restriction of Equation/2023/PN.Niaga Jkt.Pst on 7 February.

In his lawsuit, Greylag asked for the cancellation of the peace decision for the PKPU homologation process, and declared Garuda bankrupt.

"We can convey that Garuda Indonesia has not received an official notification from the Central Jakarta District Court. For this reason, we will coordinate further regarding this information with the relevant authorities to study the legal remedies in question," he told reporters, Wednesday, February 8.

Irfan said, Garuda Indonesia has completed various stages of restructuring, especially through fulfilling the provisions for the realization of the PKPU Peace Agreement which was officially implemented earlier this year.

One of these has been done through the issuance of New Notes and new equity as one of the instruments for restructuring business debt as stated in the Peace Agreement through a homologation decision by the Central Jakarta District Court, which has also been given to aircraft lessors as Company creditors.

"Including Greylagprih Leasing 1410 Designated Activity Company and GreylagLIsing 1446 Designated Activity Company," he explained.

Irfan said, the completion of the company's restructuring process was aligned with various efforts to accelerate the transformation of performance.

Irfan said this was Garuda's main focus in ensuring the company's commitment to the trust of the majority of Garuda Indonesia creditors so that it could be implemented optimally for all parties.

"This is what we did through communication and long intensive discussion with all creditors in the preparation of the restructuring process some time ago, including with the two lessors," said Irfan.

Garuda Indonesia, he continued, has also completed a number of legal processes over the lawsuit filed by Greylag airing 1410 Designated Activity Company and Greylag airing 1446 Designated Activity Company both through the Supreme Court (MA) cassation request.

Including, winding up on legal authorities in Australia, as well as various other legal stages in a number of other countries.

Through the decisions of various legal stages, Garuda Indonesia's legal position was also strengthened by the restructuring measures being carried out.

"Especially for the Peace Agreement, which received at least 95 percent support from creditors in the last PKPU stage," he said.