50 SKY SHADES - World aviation news

AviaAM Financial Leasing China concludes $500 million Aeroflot project

Download: Printable PDF Date: 25 Sep 2017 07:01 categories:
Publisher:
AviaAM Financial Leasing China concludes $500 million Aeroflot project  - Finance publisher
Krista Kuznecova
Aircraft: Airplanes Airline: Aeroflot

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, is delighted to announce that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has brought a $500 million-worth aircraft delivery project to a conclusion. Eight brand new aircraft were delivered to Aeroflot -Russian Airlines in total with the last aircraft – Airbus A321 – joining the carrier’s fleet on Thursday last week.

“The project, which started back in May, has now reached the finish line and we can unquestionably say it has contributed to a partnership between AviaAM Financial Leasing China and Aeroflot. We continue to observe a clear trend in demand for the most popular narrow-body aircraft worldwide as well as under the One Belt One Road initiative, thus we anticipate conducting more similar projects in the nearest future,” comments CEO and Chairman of the Board of AviaAM Leasing, Tadas Goberis.

The recent delivery of Airbus A321-211 (MSN 7782), equipped with CFM56-5 engines, took place at Airbus’ facilities in Hamburg, Germany on the 21st of September. Aircraft is fitted with 16 business and 167 economy seats and joins the growing fleet of Aeroflot, where it will be operated on regional and international flights for at least 12 years.

The delivery ceremony was attended by the top management of both parties as well as partners and was concluded with a traditional red ribbon cutting.

“We are delighted to have completed one of the smoothest projects of this magnitude. This of course wouldn’t be possible without AviaAM Leasing’s support and insight into the peculiarities of these types of projects. More aircraft deliveries together with a trusted partner are definitely in our future plans,” comments Chairman at HNCA, Zhang Mingchao.

AviaAM Financial Leasing China has delivered 8 brand-new Airbus aircraft that supplemented Aeroflot’s fleet over the 5 month period – 6 Airbus A320s and 2 Airbus A321s. The leasing company is formed as a joint-venture between AviaAM Leasing and HNCA. The latter is a government-owned company promoting, upgrading, and transforming economic development of Henan aviation.  While AviaAM Leasing is ranked amongst world’s TOP50 aircraft leasing companies according to AirFinance Journal.

 

 

 

 

 

 

 

 



Loading comments for AviaAM Financial Leasing China concludes $500 million Aeroflot project ...


Recommended

Boeing 737 MAX 9 Awarded FAA Certification

Boeing [NYSE: BA] announced that the 737 MAX 9 has received an amended type certificate (ATC) from the U.S. Federal Aviation Administration (FAA), officially certifying the airplane for commercial ser...

Frasca International celebrates 60 years of simulation

Flight Simulator Manufacturer Frasca International, Inc. is celebrating their 60th anniversary this year. The company was founded by Rudy Frasca in 1958 and remains a privately held, fa...

RUAG first in Europe to complete 2020 ADS-B avionics compliance modification on Bombardier Challenger CL601

RUAG Aviation has successfully upgraded the avionics baseline of a Bombardier Challenger CL601 to comply with regulatory mandates for 2020 and beyond. The first upgrade of this kind completed in Europ...

Brexit: 28% of European air passengers deprived from compensations

Brexit is almost a year away, but it’s still unclear how the prospective withdrawal will affect British flyers. The current air passenger law protects air travellers against cancelled, delayed a...