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Garuda Indonesia confirms return of leased planes

Garuda Indonesia confirms return of leased planesGaruda Indonesia confirms return of leased planesGaruda Indonesia confirms return of leased planes

Garuda Indonesia has confirmed in an announcement to the Indonesian Stock Exchange it has accelerated the early return of two 737-800NGs to one lessor after the parties reached a mutual agreement. President Director of Garuda Indonesia Irfan Setiaputra said, “Accelerating the return of fleets whose lease period has not yet matured is part of Garuda Indonesia’s strategic steps in optimizing fleet productivity by accelerating the aircraft rental period. This is an important step that we need to take amidst performance pressures. efforts due to the COVID-19 pandemic where our main focus is adjustment to the projected market needs in the

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