Garuda Indonesia orders 11 Airbus A330-300s

Britain's Prime Minister David Cameron stands near Garuda Indonesia Airbus A330-200 at Halim Perdana Kusuma airport in Jakarta, April 11, 2012. Source: REUTERS

Garuda Indonesia has inked a firm order for 11 Airbus A330-300 aircraft at a list price of $2.54 billion.

The aircraft, to be powered by Rolls-Royce Trent 700 engines, are expected to be delivered between 2013 and 2017.

The carrier will operate the aircraft in a two-class configuration on services from Jakarta and Denpasar to destinations in Asia, the Middle East and the Pacific, says Airbus.

The purchase of the A330 jets, worth about $2.5 billion and powered by UK supplied Rolls-Royce (RR.L) engines, reflects the growing consumer demand that is attracting political leaders and financiers to court Southeast Asia’s largest economy. British Prime Minister David Cameron was present at the signing ceremony.

The order, Garuda’s third for the A330 since 2010, is in line with the Indonesian flag carrier’s plans to grow its fleet to 194 aircraft by 2015.

The fleet, which will include Boeing 737-800s, Boeing 777-300ERs, Airbus A330s and A320s – to be operated by low-cost arm Citilink – will have an average age of five years.

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