ALM arranges lease of two B737-800 to Garuda

13th 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.” 1

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.