Fuyo General Lease subsidiary Aircraft Leasing & Management (ALM) has arranged the lease of two 737-800 NG aircraft to Garuda Indonesia Airways.
The aircraft were previously operated by Regional Express.
“This transaction also highlights ALM's ability to successfully market and manage the transition of used aircraft,” said ALM VP marketing Harry Kemp.
ALM acted as transaction arranger and will be the servicer for the duration of the lease.