Garuda Indonesia confirms $2.18bn Airbus order

09 Aug 2011

1

Paris: Flag carrier Garuda Indonesia confirmed Tuesday an order with European manufacturer Airbus for 25 A320 jets, including 10 A320neos, Airbus said Tuesday.

At list prices the order is worth an estimated $2.18 billion (1.53 million euros), though large orders traditionally attract deep discounts.

The jets will replace the Boeing 737 aircraft flown by Garuda's low cost operation, Citilink.

Airbus projects the A320neo as 15 per cent more fuel efficient than the classic model, with better engines.

The two companies announced on 21 June that they had signed a memorandum of understanding for such a sale.

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