Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Garuda Indonesia Plans To Lease Four B737NG  
User currently offlineKalakaua From United States of America, joined Jan 2004, 1516 posts, RR: 5
Posted (9 years 5 months 1 week 3 days 12 hours ago) and read 3570 times:

GARUDA TO LEASE FOUR BOEING 737-NG AIRCRAFT
Publish Date : 2/21/2005 5:19:00 PM
Source : Travel News ExpressNewsline.com

The country's flag carrier Garuda Indonesia (GA) plans to lease four units of Boeing latest generation Boeing 737-NG aircraft this year.

Garuda President Indra Setiawan said the four aircraft will improve the competitiveness of the state-owned airline company in international and regional routes.

The aircraft will be leased from an international leasing company, Setiawan said without giving further details.

He said the company targets to chalk up Rp12 trillion (US$1.33 billion) in income this year up from Rp10 trillion in 2004.

With that income the company will be able to pay its annual installment of US$110 million, he said.

The company still has a debt of around US$827 million to be repaid until 2010.

Setiawan said Garuda wants to launch initial public offering (IPO) in 2006.


View Large View Medium
Click here for bigger photo!

Photo © Paul Robbins




Gravity explains the motions of the planets, but it cannot explain who set the planets in motion.
8 replies: All unread, jump to last
 
User currently offline777ER From New Zealand, joined Dec 2003, 12082 posts, RR: 18
Reply 1, posted (9 years 5 months 1 week 3 days 10 hours ago) and read 3442 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Quoting Kalakaua (reply 0):
international leasing company

ILFC?

Its good that GA is expanding considering whats happened or happening around thw world.


User currently offlineCalvin99 From Hong Kong, joined Sep 2001, 224 posts, RR: 0
Reply 2, posted (9 years 5 months 1 week 3 days 10 hours ago) and read 3432 times:

Its certainly a good news for Garuda. This will allow GA to be more competitive in the overcrowded Indonesia market.

Is there any news about GA getting more A330-300?


User currently offlineBlsbls99 From United States of America, joined Sep 2004, 345 posts, RR: 0
Reply 3, posted (9 years 5 months 1 week 3 days 10 hours ago) and read 3407 times:

Didn't Garuda place an order for 737NGs and 777s a while back that has been deferred for quite some time?


319 320 313 722 732 733 735 73G 738 739 742 752 763 772 CRJ D9S ERJ EMB L10 M88 M90 SF3 AT4
User currently offlineHB-IWC From Greece, joined Sep 2000, 4498 posts, RR: 72
Reply 4, posted (9 years 5 months 1 week 3 days 6 hours ago) and read 3317 times:

The lease of these four aircraft has long been announced, and is part of a greater batch of up to 12 aircraft of the type. Garuda Indonesia will, also this year, take delivery of a further number of B733s for its low cost offspring Citilink as well as at least one, possibly more, A333s to replace the two remaining DC10-30s. B777s are not expected to arrive before 2006.

User currently offlineLutfi From China, joined Sep 2000, 767 posts, RR: 0
Reply 5, posted (9 years 5 months 1 week 3 days 6 hours ago) and read 3302 times:

HB-IWC - Will they make use of the -NG longer legs?

I.e. any chance we'll see SUB-HKG this year?


User currently offlinePM From Germany, joined Feb 2005, 6870 posts, RR: 63
Reply 6, posted (9 years 5 months 1 week 3 days 6 hours ago) and read 3292 times:

I doubt if the six 777s they ordered nearly nine years ago will ever be built. They announced a few months ago that they were looking for three more used 333s with RR engines. (They still have three on order but these too seem to have been indefinitely postponed.) Recently they announced that they were leasing a couple from MyTravel but it wasn't clear for how long.

User currently offlineHB-IWC From Greece, joined Sep 2000, 4498 posts, RR: 72
Reply 7, posted (9 years 5 months 1 week 3 days 2 hours ago) and read 3229 times:

Quoting Lutfi (reply 5):
Will they make use of the -NG longer legs?


The NGs will most likely be used for regional expansion, so expect to see them on some of the longer regional flights. A return to Manila is in the cards for this year, as well as a return to India with up to two destinations. Both Manila and India might be served via Singapore or Kuala Lumpur and both the NGs and the A333s could possibly be deployed on these new routes.


Quoting Lutfi (reply 5):
I.e. any chance we'll see SUB-HKG this year?


I guess this is a possibility, as is Jakarta-Perth. Both routes have been contemplated and even loaded in the past but were cancelled because of SARS.


Quoting PM (reply 6):
Recently they announced that they were leasing a couple from MyTravel but it wasn't clear for how long.


The MyTravel A330s, as well as a number of B763s and Air Atlanta B747s, were leased for the yearly Haji uplift, and are in their last days of operation, as nearly all Haji pilgrims have returned. During the Haji period, Garuda has also leased an Iberworld A332 for the daily Tokyo flight. This aircraft will also be returned in the coming weeks.


Quoting PM (reply 6):
They announced a few months ago that they were looking for three more used 333s with RR engines.


It is as good as certain that one or more A333 frames will join the fleet during 2005. It is, however, still unclear where they will come from. Garuda needs extra widebody capacity to phase out the two remaining DC10s and to reinforce the longhaul schedule.


User currently offline777ER From New Zealand, joined Dec 2003, 12082 posts, RR: 18
Reply 8, posted (9 years 5 months 1 week 3 days ago) and read 3186 times:
AIRLINERS.NET CREW
FORUM MODERATOR

As per the media release in reply 0, the B737NGs will be used on Regional and International routes

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
US Airways Plans To Lease 10 Gates At PIT posted Tue Jan 6 2004 00:39:53 by Chi-town
PAL Plans To Lease 3 Boeing 737-300s posted Wed Apr 18 2001 06:29:00 by United Airline
Garuda Indonesia A330s To? posted Mon Oct 2 2000 20:28:10 by Airmale
Garuda Indonesia To Lease 12 Boeing 737s posted Sun Jun 23 2002 16:38:09 by Flying-Tiger
Garuda Indonesia To Lease From British Comapnies posted Wed Jan 30 2002 21:17:20 by Airmale
Garuda Plans To Close All Int'l Flight From Bali posted Sat Nov 4 2006 12:06:27 by Palladium
Garuda To Lease A319? posted Mon Apr 24 2006 22:01:42 by Calvin99
Air India To Lease Upto Four 747-400 & 11 737-800 posted Wed Mar 1 2006 17:31:29 by LAXDESI
Garuda Indonesia To Add India posted Tue Jul 29 2003 19:45:46 by Airmale
Garuda Indonesia To Upgrade Saudi Arabia posted Thu Mar 27 2003 21:50:34 by Airmale