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China Aircraft Leasing Newsletter 24 April

China Aircraft Leasing Newsletter 24 April

BOC Aviation transactions up 26% in 1Q 2017

BOC Aviation leased, purchased and sold a total of 54 aircraft in 2017Q1, up 26% compared to a total 43 leased, purchased and sold aircraft in prior year. The company took delivery of 19 aircraft during Q1 and delivered 77, 92% of which have been committed for lease.

CALC Receives Most Promising New Stock Award

CALC, a full value-chain aircraft solutions provider for global airlines, has won the Most Promising New Stock Award at the 2016 Top 100 HK Awards Ceremony organized jointly by Finet and qq.com of Tencent. Mr. Mike POON, Chief Executive Officer of CALC, said, “We are delighted to receive this prestigious award, which is a testament to CALC’s unique business model which maximizes value of the full aircraft value chain and ability to create returns for shareholders. As a pioneer in the aircraft leasing and aviation financing industry, we are well-positioned to deliver sustainable and profitable growth in the future.”

CALC to acquire another Airbus A320-200

China Aircraft Leasing Group (CALC) has agreed to buy an Airbus A320-200, following an order for two A320 aircraft April 3. These aircraft are scheduled for delivery in 2017Q4. CALC fleet will reach at least 103 aircraft by the end of this year. CALC said its cumulative order book for new Airbus aircraft has reached a total of 176 aircraft.

CMB Financial Leasing out for $350m borrowing

CMB Financial Leasing a $350m bullet into general syndication last week, even as Minsheng Financial Leasing wrapped up an increased fundraising.

HI Investment buys two 777-300ER’s

HI Investment and Securities, a Korean investment bank, has established an offshore leasing company to purchase two Boeing 777-300ERs for $209 million. The aircraft were obtained from an unnamed Chinese lessor as part of a joint purchase with nine other institutional investors.

Leasing aircrafts rank the first: first quarter of “big aircrafts” leasing took the lead far ahead

According to the latest statistics released, in the first quarter of this year, China’s new aircraft companies introduced 65 large aircrafts, of which 32 large aircraft were from Tianjin Dongjiang Bonded Port by means of financial leasing. Dongjiang takes a leading role in the leasing industry, especially aviation leasing, and it continues to provide strong support for rapid development of China’s aviation industry.

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