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4/13/12

Garuda signs $2.4 billion deal for Airbus A330s

Airbus A330
Indonesia's flag carrier Garuda signed a deal for 11 Airbus passenger jets on Wednesday during a visit by British Prime Minister David Cameron aimed at boosting trade and investment.

The purchase of the A330 jets, worth about $US2.5 billion ($A2.4 billion) and powered by UK-supplied Rolls-Royce engines, reflects the growing consumer demand that is attracting political leaders and financiers to court South-East Asia's largest economy.

"This deal between Airbus and Garuda Indonesia Airlines is great news for the UK aerospace industry," Cameron told reporters after arriving in Jakarta on a 24-hour visit.

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