GECAS to Provide 737-800 Converted Freighters to Garuda Indonesia

Garuda Indonesia and GECAS entered into a lease agreement for two Boeing 737-800 converted freighters (BCF). The passenger-converted aircraft are slated to be phased in mid-2020 and will provide additional capacity to Cargo Garuda Indonesia, the Indonesian National carrier’s strategic business unit with three freighters currently in use.

Boeing 737-800 freighters are suited to the short and mid-range routes which form the basis of Garduda’s scheduled network. From its base Cargo Center at Soekarno–Hatta International Airport near Jakarta, the carrier provides dedicated cargo services for mail and express shipments as well as e-commerce and general cargo shipments, accommodating cross-border online purchases.

“GECAS is excited to provide these converted 737-800 freighters to Garuda as they expand their dedicated cargo fleet,” said Richard Greener, GECAS senior vice president and manager of the Cargo Aircraft Group.

“We look forward to working with GECAS in implementing the latest Boeing 737-800 freighter into our fleet,” stated Mohamad Iqbal, Garuda Indonesia director of Cargo and Business Development. “These newly converted 737-800 freighters will assist our growing operations as well as expanding our cargo program.”

GE Capital Aviation Services is an aviation lessor and financier whichoffers a broad array of financing products and services, including operating leases, purchase/leasebacks, asset sales and servicing, and airframe parts management.

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