Indonesia's Garuda in US$4b Airbus A330 order

Airbus said Tuesday that Garuda had signed a firm purchase order for 14 of its new generation wide-bodied A330-900neo airliner for US$4b. The deal for the re-engined version of Airbus' popular A330 airliner is designed to bolster Garuda's expansion. Airbus said the order, for delivery from 2019, replaces and extends an existing one for 7 of the earlier version A330-300 planes. Airbus said the deal was a milestone in a partnership stretching back more than 30 years. Airbus said Garuda intends to use the A330neo "to develop its medium and long haul network, with the aircraft offering cutting edge technology along with more efficient operations." Arif Wibowo, Garuda CE, said the deal was a part of a long-term market strategy. <br/>
AFP
http://www.channelnewsasia.com/news/business/indonesia-s-garuda-in-us/2712452.html
4/20/16