TnP Law Firm Assists PT Perusahaan Pengelola Aset (PPA) in Optimization the Fleet Restoration Program for PT Citilink Indonesia.

We are delighted to celebrate the successful closing of the fleets’ restoration and reactivation program of PT Citilink Indonesia, a top 100 world’s best airlines, through a profit-sharing based facility extended by PT Perusahaan Pengelola Aset (PPA). This achievement is testament to the hard work and dedication of the teams involved in this financing project.

Our team worked for this Project is led by Partner Melissa Butarbutar, and with the support of Senior Associate Afif Alfaruqi, and Associates Aditya Dharmawanand Faishal Akbar.

We take great pride in our partnership with PPA and are honoured to have been a part of this transaction in the aviation industry. This transaction further establishes TnP Law Firm’s presence in the aviation industry following the successful closing of similar financing arrangement for PT Garuda Indonesia (Persero) Tbk back in 2022.