April 22, 2013
ALAFCO and Garuda Indonesia sign agreements for financing of 2 B777-300ER aircraft
ALAFCO Aviation Lease and Finance Company and PT Garuda Indonesia jointly held a formal signing ceremony in Jakarta to commemorate the financing of 2 Boeing 777-300ER aircraft. Under the transaction, ALAFCO will be financing 2 Boeing 777-300ER aircraft for Garuda Indonesia through a sale and lease back scheme. The aircraft will be delivered from Boeing in June 2013 and July 2013.