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
The aircraft come from GECAS’ existing order
book with Airbus and are scheduled for delivery in the first half
The agreement was 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 of 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
Garuda Indonesia, the national flag carrier of
Indonesia, is a full-service network carrier serving 32 domestic
and 17 international destinations. The airline’s main hubs in
Indonesia are located in Jakarta, Denpasar, and Makassar.
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