#4 June 2026: China Aviation Industry Newsletter
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25 Jun 2026

#4 June 2026: China Aviation Industry Newsletter

CALC Successfully Completes US$480 Million Unsecured PDP Syndicated Loan Facility

China Aircraft Leasing Group Holdings has completed a three-year unsecured PDP syndicated loan facility valued at US$480 million. The facility, supported by 14 domestic and international banks, will be used to finance pre-delivery payments for aircraft acquisitions and support CALC’s future fleet development plans.

 

Cathay Cargo Adds Airbus A330 Freighter From Air Hong Kong

The Cathay Group is reinforcing its freighter capacity after Air Hong Kong signed a long-term lease agreement for an Airbus A330P2F converted freighter. The aircraft will join Air Hong Kong’s fleet in the fourth quarter of 2026 and will mainly support Cathay Cargo services to the Chinese Mainland and other regional destinations.

 

Acumen’s Take

On CALC’s PDP Financing

CALC’s unsecured PDP facility highlights the importance of flexible funding access as lessors manage aircraft acquisition pipelines and delivery commitments. Strong lender participation also reflects continued confidence in established leasing platforms with clear fleet growth and asset management strategies.

 

On Cathay Cargo’s A330 Freighter Addition

Cathay Cargo’s additional A330 freighter capacity supports the continued build-out of Hong Kong’s regional cargo network. The aircraft will complement future A350F deliveries by giving the group added flexibility across mainland China and regional freight markets.

 

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