Singapore and New York, September 23rd 2026 — PT Garuda Maintenance Facility Aero Asia Tbk (GMF), part of the Garuda Indonesia Group, and FTAI Aviation Ltd. (Nasdaq: FTAI) have strengthened their strategic collaboration to build a long-term partnership focused on expanding GMF’s Engine and APU maintenance capacity and capabilities, while strengthening its market presence across Asia-Pacific. The collaboration will initially cover CFM56-5B and CFM56-7B engines and GTCP131-9 series APUs, with guaranteed capacity for FTAI over the next five years. The strategic collaboration was formalized during MRO Asia-Pacific 2026 at Singapore EXPO, Singapore.

Building on an existing relationship in which GMF provides engine maintenance services for FTAI, the strategic partnership provides a foundation to progressively expand into deeper module and piece-part capabilities and next-generation engines, including CFM LEAP.

Andi Fahrurrozi, GMF CEO, stated, “This collaboration responds to growing engine maintenance demand from FTAI, its customers, and the broader aviation market across the region by leveraging GMF’s existing MRO capabilities and capacity. Supported by the technical expertise of both parties, this collaboration will enable us to broaden our customer base across Asia-Pacific and globally, while progressively strengthening our capabilities and capacity to meet evolving market needs.”