Garuda Indonesia terminates lease for 12 Bombardier aircraft


Garuda Indonesia Airline's planes are seen here at Soekarno-Hatta International Airport in Cengkareng, Indonesia, on Wednesday, February 2, 2011. - Bloomberg

JAKARTA, Feb 14 (Reuters): Indonesian flag carrier PT Garuda Indonesia has terminated a lease for 12 Bombardier CRJ-1000 planes amid a bribery probe into the procurement of the aircraft, a cabinet minister announced recently.

The contract with Nordic Aviation Capital (NAC) was initially due to end in 2027, but Garuda will return the planes to the lessor early, State-Owned Enterprise Minister Erick Thohir said.

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PT Garuda , Indonesia , Terminates , Lease , Planes

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