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Operating Lease Signed

Garuda Indonesia continues fleet expansion

Mar 01, 2011

JAKARTA, Indonesia - Garuda Indonesia and GE Capital Aviation Services (GECAS) today 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.”


Garuda Indonesia is the flag carrier and wholly-owned national airline of Indonesia and was established in 1949. The airline operates scheduled air service to a number of destinations in Southeast Asia, East Asia, Australia, the Middle East, and Europe.

Garuda Indonesia continues fleet expansion
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