13^th 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.

About Fuyo and ALM: Fuyo is a Japanese company listed on the Tokyo Stock Exchange that provides leasing and financing solutions for clients. ALM, a wholly owned subsidiary of Fuyo, manages a growing portfolio of A220, A320, & B737 family aircraft on behalf of Fuyo and third-party investors.

About Garuda Indonesia: Carrying out the mandate as the national flag carrier for more than seven decades, Garuda Indonesia is committed to connecting the archipelago while carrying the nation’s image to the world stage. With a top-notch fleet and a distinctive service concept highlighting Indonesian hospitality, Garuda Indonesia now serves 36 exotic destinations in Indonesia and 15 attractive destinations worldwide.

Amid its ongoing transformation into a more dynamic and competitive company, Garuda Indonesia strives to undertake various initiatives to cater to a broader range of interests, ranging from being actively involved in humanitarian and environmental missions, synergising with potential local brands, to carrying out continuous network development to strengthen Indonesian air connectivity and boost its economic potential.

For further information, please contact:

Harry Kemp                                                                                                       

VP Marketing                                                                                                                  

Aircraft Leasing & Management Email: harryk@alm-lease.co.uk