Jakarta — The state-owned airline Garuda Indonesia said it will have eight new aircraft in the next two years including three units of Airbus A330-200 neo in 2019 and five units of Boeing 737 Max 8 in 2020. Chief executive of the airline Pahala N. Mansury said the new units will bring a the total number of its aircraft to 220 units. The narrow bodied Max 8 aircraft will be used to serve domestic routes, Pahala said here on Monday (30/07). “We already have one unit of Max 8 serving the Surabaya-Singapore and Surabaya-Hong Hong routes,” he said. In 2017, Garuda put off the purchases of 20 new aircraft including 10 units for its subsidiary Citilink to save operating costs. The Indonesian flag carrier is set to improve its financial performance this year after posting a loss of US$216 million last year, Pahala said. The airline had cut operational costs and increased its revenues in the first three months of the year, thanks to effective strategies including stopping serving unproductive routes, particularly international routes, renegotiating with partners to optimize the quality of planes and gaining revenue from non-ticket sales, he was quoted as saying. “Last year we concluded 12 renegotiations on our corporate financial performance, Pahala said. Among its subsidiaries, low cost airline Citilink and PT Garuda Maintenance and Facility Aero Asia (GMF), are the largest contributors to its revenues. Garuda has successfully maintained its 5-star rating from Skytrax, the international air transport rating organization based in London. The airline received the 5-star airline rating in 2014.