Asia/Pacific

Garuda Indonesia signs new side letter agreement with Aercap

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Garuda Indonesia signs new side letter agreement with Aercap

Aercap Ireland has terminated the bankruptcy lawsuit against Garuda Indonesia, following the singing of a global side letter agreement. AerCap agreed, among other things, to halt the legal proceedings with Garuda agreeing to relocate nine 737 800NGs to “an approved location”. ...

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