Garuda to order up to 250 new planes

garuda2Indonesia’s national airline Garuda could purchase 250 aircraft in the decade ending 2025 to take advantage of a surge in travel demand in Southeast Asia, Bloomberg reported.

The carrier is completing its plan and will decide in the first quarter of next year, Chief Executive Officer Emirsyah Satar said. The new planes will help expand its fleet and retire older aircraft.

From Indonesia to Vietnam, carriers in Southeast Asia are buying new aircraft as about 600 million people – or the combined population of the US, Germany and Brazil – fly more. Boeing and Airbus, the world’s two biggest plane makers, both count on Asian airlines to buy more aircraft in the next two decades as economic growth in the region enables more people to take flights.

Garuda aims to have about 350 aircraft by 2025, up from a fleet of 194 planes by 2015, Satar said. The airline, which is adding 120 pilots every year to meet the fleet expansion, hasn’t decided whether to buy Airbus or Boeing aircraft.

Lion Airlines, the nation’s biggest carrier, already has 700 planes on order and expects to have ordered 1,000 aircraft within two to three years, its Chief Executive Officer Rusdi Kirana said in March. The Jakarta-based carrier agreed to buy 230 Boeing 737 planes last year and ordered 234 planes from Airbus in March.



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Indonesia's national airline Garuda could purchase 250 aircraft in the decade ending 2025 to take advantage of a surge in travel demand in Southeast Asia, Bloomberg reported. The carrier is completing its plan and will decide in the first quarter of next year, Chief Executive Officer Emirsyah Satar said. The new planes will help expand its fleet and retire older aircraft. From Indonesia to Vietnam, carriers in Southeast Asia are buying new aircraft as about 600 million people - or the combined population of the US, Germany and Brazil - fly more. Boeing and Airbus, the world’s two biggest plane...

garuda2Indonesia’s national airline Garuda could purchase 250 aircraft in the decade ending 2025 to take advantage of a surge in travel demand in Southeast Asia, Bloomberg reported.

The carrier is completing its plan and will decide in the first quarter of next year, Chief Executive Officer Emirsyah Satar said. The new planes will help expand its fleet and retire older aircraft.

From Indonesia to Vietnam, carriers in Southeast Asia are buying new aircraft as about 600 million people – or the combined population of the US, Germany and Brazil – fly more. Boeing and Airbus, the world’s two biggest plane makers, both count on Asian airlines to buy more aircraft in the next two decades as economic growth in the region enables more people to take flights.

Garuda aims to have about 350 aircraft by 2025, up from a fleet of 194 planes by 2015, Satar said. The airline, which is adding 120 pilots every year to meet the fleet expansion, hasn’t decided whether to buy Airbus or Boeing aircraft.

Lion Airlines, the nation’s biggest carrier, already has 700 planes on order and expects to have ordered 1,000 aircraft within two to three years, its Chief Executive Officer Rusdi Kirana said in March. The Jakarta-based carrier agreed to buy 230 Boeing 737 planes last year and ordered 234 planes from Airbus in March.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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