Business & Finance

Garuda confirms deal for 11 Airbus planes

Published Updated

JAKARTA: National carrier Garuda Indonesia said on Wednesday it will formally sign a $2.5 billion deal with European manufacturer Airbus for 11 A330-300 aircraft on Wednesday.

"The $2.5 billion deal for 11 A330-300 planes will be signed later today at the presidential palace," Garuda President Emirsyah Satar told AFP.

Copyright AFP (Agence France-Presse), 2012