Lessor CALC Buys Stake In Indonesian Airline TransNusa

Chen Chuanren 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...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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