China Aircraft Leasing Group Holdings a full value-chain aircraft solutions provider for global airlines, is pleased to announce that it has completed the disposal of finance lease receivables (FLR) for two A320ceo series aircraft at a consideration of approximately HK$505 million, and the Group recorded a gain on disposal. CALC introduced the first batch of…
In response to rising demand, Malaysia Airlines has indicated that it is seeking up to 12 aircraft for lease until 2019 to serve nine key routes across Asia. Chief executive officer, Peter Bellew, told local media that passenger loads were rising and demand for the airline’s services, including business class, was growing. Passengers numbers for…
SMBC Aviation Capital’s credit ratings have been upgraded to ‘A-’ from ‘BBB+’ by Fitch Ratings (Fitch). The upgrade reflects Fitch’s recognition of SMBC Aviation Capital’s proven track record of profitability and integrated strategy with its majority shareholder Sumitomo Mitsui Financial Group (SMFG), in its five years of ownership, says the lessor in a press release.…
SHANGHAI, May 4, 2017 – Ping An International Financial Leasing Co., Ltd (“Ping An Leasing”) has delivered an Airbus A350-900XWB wide-body aircraft on sale and leaseback to Ethiopian Airlines on April 28, 2017 in Toulouse. Ping An Leasing delivers Airbus A350-900XWB wide-body aircraft on sale and leaseback to Ethiopian Airlines The transaction was completed by…
