ALM arranges lease of two B737-800 to Garuda

13th May 2025: Aircraft Leasing & Management (“ALM”), a wholly owned subsidiary of Fuyo General Lease (“Fuyo”), has arranged the lease of two Boeing 737-800 NG aircraft to Garuda Indonesia Airways (“Garuda”).

The aircraft bearing registration PK-GUH (MSN 44217) & PK-GUI (MSN 44218) were previously operated by Regional Express and were transitioned to Garuda in Jakarta.

Harry Kemp, VP Marketing at ALM, said: “We are delighted to place these B737-800NG aircraft on lease to Garuda, and deepen Fuyo’s relationship with Indonesia’s flag carrier. This transaction also highlights ALM’s ability to successfully market and manage the transition of used aircraft.”

Rahmat Hanafi, Director of Maintenance at Garuda Indonesia, said: “We would like to thank ALM and Fuyo for their support in improving Garuda Indonesia’s fleet by delivering two Boeing 737-800NG aircraft.”

ALM acted as transaction arranger and will be the servicer for the duration of the lease.