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Operating lease for six Boeing 737-800 Next Generation aircraft

Garuda Indonesia continues fleet expansion

Garuda Indonesia and GE Capital Aviation Services (GECAS) announced the signing of an operating lease for six Boeing 737-800 Next Generation aircraft and three CFM56-7B engines. The agreement was signed in Jakarta by Emirsyah Satar, President and CEO of Garuda Indonesia, and GECAS Executive Vice President, Mike Jones.

Three aircraft are scheduled to be delivered in June, September, and October, 2013. The other three aircraft will be delivered in June, September, and October, 2014. Commenting on the transactions, Emirsyah Satar said, “This agreement is part of Garuda’s ongoing fleet revitalization with brand-new aircraft from Airbus and Boeing. By 2015, we will have a total fleet of 153 aircraft, including Airbus A330-series, Boeing 737-800NGs, and Boeing 777-300 Extended Range aircraft.”

GECAS’ Mike Jones commented: “Garuda Indonesia is a valued customer, and we’re pleased to be playing a role in their fleet modernization. We look forward to our continued association with them in the years ahead.”

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Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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