Garuda Indonesia to take delivery of 23 B737-800s and one A330-200 in 2010

Garuda Indonesia confirmed (03-Feb-2010) plans to take delivery of 23 B737-800s and one A330-200 aircraft this year, confirming the rapid expansion of its fleet, as part of its five-year 'Quantum Leap' transformation strategy. These 24 aircraft comprise nearly half of the 50 B737-800s that the carrier currently has on firm order. The carrier plans to launch an additional ten domestic routes this year and increase frequencies on regional services, including Singapore and Hong Kong. Garuda plans to more than double its current fleet of 67 aircraft to 116 aircraft over the next five years. President and CEO, Emirsyah Satar, also confirmed the carrier plans to launch its IPO by mid-2010. [more]

Garuda Indonesia: "These new aircraft will support our expansion plans which are in line with our strategy to increase the number of domestic departures by over 150% to 2,072 per week and international departures more than threefold to 1,222 a week by 2014," Emirsyah Satar, President and CEO. Source: Garuda Indonesia, 03-Feb-2010.