A Garuda Indonesia aircraft takes to the skies as it departs from Hong Kong International Airport on Jan. 23, 2017. (Shutterstock.com/e X p o s e)

The plan includes 63 percent of the proceeds going to the airliner's low-cost subsidiary Citilink to strengthen its cash flow and clear a US$225 million debt to Pertamina, according to the disclosure document.

N ational airline PT Ga

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