Aviation news analysis
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

Satcom Direct names Evgeniy Pashkov regional director EEMEA

Satcom Direct, the business aviation solutions provider, has appointed Evgeniy Pashkov as regional director for EEMEA. In his new role, Evgeniy will oversee SD’s sales and business developm...

BUSINESS AVIATION DESCENDING INTO DUBAI

MEBAA Show and MEBAA Conference Dubai  The opening of the eighth MEBAA Show at DWC, Airshow Site marks the culmination of two years of anticipation from the business aviation community. Featur...

Air BP showcases its technical services capabilities and general aviation expertise at MEBAA 2018

Air BP returns to MEBAA as sponsor to showcase its technical services capabilities and general aviation expertise in the region. A new, dedicated general aviation fuel terminal at Al Maktoum...

New fare structure offering passengers more choice - Lite, Value and Flex by FlyDubai

Dubai-based flydubai launches new fare types offering passengers more choice when travelling in Economy. The new fare types are applicable for all bookings made from 02 December onwards and allows pas...