AIRLINE GARUDA INDONESIA TERMINATES LEASE FOR 12 BOMBARDIER AIRCRAFT AMID BRIBERY PROBE

On 10 February, the Financial Post reported that the news follows the UK SFO having announced in November that it was investigating Bombardier over suspected bribery in airliner sales to Garuda Indonesia.  Flag carrier PT Garuda Indonesia has terminated a lease for 12 Bombardier CRJ-1000 aircraft.  The contract with lessor Nordic Aviation Capital (NAC) was initially due to end in 2027.

https://financialpost.com/transportation/airlines/garuda-indonesia-terminates-lease-for-12-bombardier-aircraft-amid-bribery-probe

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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