Garuda Indonesia and ICBC Financial Leasing signed an agreement for aircraft financing. The agreement 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$1.7bn. Garuda Indonesia will receive the five Boeing 777-300ER in May 2014 through September 2015, while the six Airbus 320-200 will join the Citilink fleet in June through December 2014.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada