September 12, 2018 / 10:00 AM / in a year

Indonesia's Garuda names Ari Askhara as new chief executive -sources

Sept 12 (Reuters) - Indonesian state airline Garuda named I Gusti Ngurah Askhara Danadiputra as its new chief executive at a shareholder meeting on Wednesday, two sources told Reuters.

The new chief executive, popularly known as Ari Ashkara, now heads state-owned enterprise PT Pelabuhan Indonesia 3 and is a former chief financial officer of Garuda.

He will replace chief executive Pahala Mansury at a time when the airline has struggled with rising fuel prices and depreciation of the rupiah currency, which threatens to jeopardise full-year profit. (Reporting by Cindy Silviana; Writing by Fanny Potkin; Editing by Clarence Fernandez)

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