Lessor CALC Buys Stake In Indonesian Airline TransNusa

transnusa

TransNusa ATR 42-500

Credit: TransNusa
Hong Kong-based China Aircraft Leasing Group (CALC) announced Mar. 5 that it will indirectly acquire a 35.68% equity interest in Indonesian regional airline TransNusa. A HK$218.4 million ($28 million) investment in the airline’s parent company PT TransNusa Aviation Mandiri (TAM) is being made...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for Aviation Week's Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week.

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