Lessor CALC Buys Stake In Indonesian Airline TransNusa

March 05, 2020
transnusa
CALC is buying shares in TransNusa, which flies to 24 cities in eastern Indonesia.
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...

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