Newport Beach, California, USA (June 20, 2014) – Aviation Capital Group (ACG) announced the delivery of two new Boeing 737-800 aircraft to PT Garuda Indonesia (Garuda Indonesia) in May and June 2014. The aircraft represent the third and fourth new aircraft leased by ACG to Garuda Indonesia over the past year, all from ACG’s new aircraft order book from Boeing. With these two aircraft ACG has eight aircraft leased to Garuda Indonesia consisting of six B737-800s delivered to Garuda Indonesia and two Airbus 320-200s delivered to its subsidiary, Citilink.

Mr. Denis Kalscheur, CEO of ACG stated “We are delighted to continue our support of our longtime partner, Garuda Indonesia, by providing fleet strategy solutions for this new phase of the airline’s growth.”

“We have been thankful to ACG in their support of Garuda Indonesia’s fleet revitalization and expansion program. Our disciplined growth plans are supported by solid economic growth and strong local demographics and we are delighted to count ACG as our close partner in these developments,” said Emirsyah Satar, President & CEO, Garuda Indonesia.