Despite ambitious plans to expand its international network and notwithstanding a high-profile launch of Jakarta-London services on September 8, Garuda Indonesia has decided to take a more conservative approach this year after posting a group operating loss of $234 million in the first half of the year, compared with a $10.92 million loss in the same period in 2013.
A contract for 30 of the new 737 Max airliners placed by an undisclosed customer on Tuesday has pushed Boeing passed 2,000 orders for the new generation narrowbody. According to the U.S. airframer, the Max has reached the 2,000-order mark faster than any other Boeing aircraft. Boeing now holds 2,010 orders from 39 customers worldwide, with a collective value of $209 billion at list prices, plus commitments for more than 250 additional aircraft.
Honeywell has announced that it is partnering with GMF AeroAsia to maintain the 131-9A auxiliary power units for the new Airbus A320 fleet being acquired by Garuda Indonesia. The first five of a 25-aircraft order are being delivered this year, with the last due in 2018.
As Indonesia’s national carrier Garuda initiates efforts to enhance service through increased frequencies and destinations, in anticipation of its move to join the SkyTeam global alliance in March and the ASEAN Open Skies in 2015, it is looking at adding around 200 to 250 aircraft to its fleet between 2015 and 2025.
The carrier, which is to soon finalize its plans for a mix of narrow- and widebody aircraft, is expected to seek board approval this year to increase its fleet to 350 to 400 from its present 133 by 2025, CEO Emirsyah Satar told Reuters in Hong Kong.
Airbus announced firm orders, purchase agreements and memoranda of understanding Wednesday at Aviation Expo China in Beijing covering 160 A320-family narrowbodies from four separate customers.
Decelerating growth at Virgin America has led the airline to reconsider its fleet-expansion strategy and move to cut the number of airplanes it plans to add over the rest of the decade. Under a revised agreement reached with Airbus, Virgin America’s order for current-generation A320s will shrink from 30 airplanes to 10, all scheduled for delivery in 2015 and 2016, the airline announced Friday.
For the first time since the June 22 merger of Chile’s LAN and Brazil’s TAM, LATAM Airlines Group last week released the combined airlines’ quarterly financial results, along with a schedule for its planned fleet overhaul.
Budget Citilink, the low-cost subsidiary of Garuda Indonesia, is expected to get its air operator’s certificate (AOC) by April, thus allowing it to operate as a separate entity, said Con Korfiatis, technical advisor to Citilink’s board of directors.
Garuda Indonesia has converted an MOU covering the purchase of 25 A320 family jets to a firm order, Airbus announced today.
The order makes Garuda Indonesia a new A320 family customer and covers 15 standard A320s and 10 A320neos for operation by the carrier’s low-cost unit, Citilink. The airline plans to announce its engine selection for the aircraft in the near future.