Airbus is close to signing a big contract with Garuda

Airbus is close to signing a big contract with Garuda

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The European aircraft manufacturer Airbus is about to sign a big contract with Garuda, an airline in Indonesia. The contract would be worth 2.5 billion dollars and would mean the cost of 10 Airbus A330-300 aircraft.

"The negotiations between Airbus and Garuda are in the final phase, and an official announcement could come early on Wednesday" - was the press release from sources close to these negotiations. British Prime Minister David Cameron, who is visiting Indonesia, could introduce this agreement.

An agreement could be more than welcome for Airbus, which has firm orders only for 90 aircraft, in the first quarter of the year 2012, compared to approximately 400 recorded by American rival Boeing.

The airline Garuda wants to expand its operations in Asia and the Middle East more and more. This order would complement the one completed in August 2011, which meant 25 Airbus A320 aircraft at a total price of $ 2.18 billion.

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