Garuda Indonesia (GA, Jakarta Soekarno-Hatta) shareholders have approved the airline's plan to issue up to 248.7 billion new Series E shares through a rights offering, at an extraordinary general meeting on November 6, 2026. The proposal secured 99.9% of the votes represented at the meeting. The previously announced transaction includes Danantara Asset Management's contribution of its 65.8% stake in GMF AeroAsia in lieu of cash, which would return majority ownership of the maintenance provider to Garuda Indonesia.