Jakarta, Indonesia – GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, today announced the signing of an operating lease agreement for six new Airbus A320 aircraft with Garuda Indonesia’s Citilink unit. The aircraft will be powered by CFM56-5B engines.
The aircraft comes from GECAS’ existing order book with Airbus and are scheduled for delivery in the first half of 2013.
The agreement wa signed by Citilink Garuda EVP Finance and Citilink CEO Elisa Lumbantoruan, and GECAS Asia Pacific VP Sales David Settergen. It was witnessed by Emirsyah Satar, President & CEO Garuda Indonesia and Norman Liu, President & CEO of GECAS.
“This agreement is part og Garuda’s ongoing fleet revitalization with brand new aircraft from Airbus and Boeing,” said Emirsyah Satar, President & CEO Garuda Indonesia. “These aircraft will help modernize Citilink with new, reliable aircraft.”
“Garuda Indonesia is a valued customer and we’re pleased to be playing a role in their fleet modernization,” said Norman C.T. Liu, GECAS President & CEO. “Over the last couple of years, we have signed agreements totaling 17 new 737-800 aircraft and we are proud to welcome Citilink as a new logo among our customer base. We look forward to our continued association with both Garuda and Citilink in the years ahead.”
Source: Garuda Indonesia