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- 1. Citilink Orders 25 Airbus A320neos
Citilink, the low cost subsidiary of Garuda Indonesia, has placed a firm order with Airbus for 25 A320neo. The contract, signed in December 2012, represents the first direct purchase by Citilink from Airbus, and follows an order placed in 2011 by Garuda Indonesia for 15 A320ceo and 10 A320neo aircraft for operation by Citilink.
- 2. Citilink Indonesia Joins Hahn Air Systems' H1-Air Partner Network
Hahn Air Systems has signed a distribution agreement with the Indonesian low-cost airline, Citilink Indonesia. The deal enables Citilink Indonesia to offer its flights to travel agencies worldwide without needing to have its own direct GDS interface.
- 3. Garuda Indonesia's Citilink Takes Delivery of First A320neo
Citilink, the low cost unit of Garuda Indonesia, has taken delivery of its first A320neo. The aircraft is the first of 35 A320neo set to enter service with the airline. Citilink has selected CFM Leap-1A engines to power its A320neo fleet, which will be operated on its domestic network, as well as new international services to China and the Middle East.
- 4. GECAS to Lease Six Airbus A320s to Garuda’s Citilink
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing unit of GE, has signed 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.
- 5. Garuda Indonesia Reports Q3 2016 Net Income of US$19.6m
Garuda Indonesia has reported a Q3 21016 net income of USD 19.6 million or IDR 254.8 billion (exchange rate IDR 13,000 per USD). The company has succeeded in increasing total revenue from USD 2.845 billion in 2015 (January - September) to USD 2.865 billion during the same period of 2016. Up to the third quarter of 2016, Garuda Indonesia Group (including Citilink) carried 26,043,138
- 6. Garuda Indonesia and ICBC Financial Leasing Sign Aircraft Financing Agreement
Garuda Indonesia and ICBC Financial Leasing have signed an aircraft financing agreement. The deal features a sale and lease back plan for Garuda Indonesia's five Boeing 777-300ER and an operating lease plan for ICBC Financial Leasing's six Airbus 320-200 for Citilink, valued at US$ 1.7 billion.
- 7. Garuda Indonesia Signs MOU for 25 Airbus
Garuda Indonesia has signed a Memorandum of Understanding with Airbus for the purchase of 25 A320 Family aircraft, making the airline a new customer for the Airbus single aisle product line. The MOU covers 15 standard A320s followed by 10 A320neo aircraft for operation by the carrier's domestic low cost unit Citilink.
- 8. Garuda Indonesia Finalises Airbus Order for 25 Aircraft
Garuda Indonesia has finalised an order with Airbus for the purchase of 25 A320 Family aircraft, firming up an MoU announced during the Paris Air Show in June. The order makes Garuda Indonesia a new A320 Family customer and covers 15 standard A320s and 10 A320neo aircraft for operation by the carrier's low cost unit Citilink.
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