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China Aircraft Leasing Newsletter 20 February

China Aircraft Leasing Newsletter 20 February

ACG leases six Airbus A321neos to Vietnam Airlines

Aviation Capital Group (ACG) is leasing six new A321neos to Vietnam Airlines. The aircraft are under a long-term lease, ordered direct from ACG’s order book, and are scheduled for delivery in 2018 and 2019. “We are extremely excited that Vietnam Airlines has selected ACG as a long-term partner to satisfy its fleet requirements,” said Khanh T. Tran, CEO of ACG. “We look forward to Vietnam Airlines operating these highly fuel efficient aircraft in their growing route network.”

BOC Aviation Delivers Airbus A320 to Tigerair Taiwan

BOC Aviation delivered an Airbus A320-200 aircraft to Tigerair Taiwan. This aircraft is from the Company’s existing order book.

BOC Aviation Delivers Boeing 737-800 to Lucky Air

BOC Aviation delivered the fifth of seven Boeing 737-800 aircraft to Lucky Air. This aircraft is from the Company’s existing order book.

DVB finances one A350-900 to Vietnam Airlines from DAE

DVB Bank SE announced it has successfully underwritten and arranged the financing for Vietnam Airlines’ first Airbus A350-900XWB, leased from Dubai Aerospace Enterprise (DAE) Ltd. DVB is the sole arranger and lender in this facility. Allen and Overy, London acted for DAE as lessor’s counsel while Clifford Chance London represented DVB.

HNA May Order 470 Narrowbody Aircraft

According to Aviation Week the HNA Group is negotiating orders for possibly 470 narrowbody aircraft, split between Airbus and Boeing, an industry source familiar with the talks said

IATA Bullish on China Aviation Market

The International Air Transport Association said on Friday that it is bullish on the growth potential of China’s aviation market and believed the new airport in Beijing, which will start operations in 2019, would ensure sufficient airport capacity to meet expected traffic growth. By 2024, China will overtake the United States as the world’s biggest passenger market, and in 2035, China will be a market of 1.3 billion passengers, forecast the Montreal-based trade association of the world’s airlines.

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