Indonesia’s Garuda Airlines purchased $2.5B worth of A330 Airbus jets

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Britain's Prime Minister David Cameran stands near the Garuda Indonesia A330 Airbus at Halim Perdana Kusuma Airport in Jakarta, Indonesia.

For a boost of trade and investment, Indonesia’s Garuda Airlines purchased 11 A330 Airbus  Jetstar airplanes worth $2.5 billion during British Prime Minister David Cameron’s visit in Jakarta Indonesia. The new Airbus jets will increase by two-thirds the number of long-hauled A330s ready to be delivered to Garuda.

“The deal between Airbus and Garuda Indonesia Airlines is a great news for the United Kingdom aerospace industry,” Prime Minister Cameran said from his arrival at Halim Perdana Kusuma airport in Indonesia for his 24-hour visit. Cameron also said that he wanted to promote arms deals to mark a departure from British policy. Cameron’s coalition government is trying to boost British economy to reduce reliance on financial services and to limit exposure to their crisis-hit economy by doing more business with growing markets.

Today, Indonesia is seen to have a rapid expansion on the aviation sector  opt to travel by air across the archipelago of 17,000 islands. Many islands lack good roads or railways while shipping connections are slow and deadly transport accidents are common.

Garuda’s CEO Emirsyah Satar said he planned to use the new Airbus A330 planes to expand in Asia-Pacific, including China, South Korea and Australia.

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Source: www.reuters.com

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