50 SKY SHADES - World aviation news

CALC delivers second aircraft financed by Korean banks to Air Macau

Download: Printable PDF Date: 22 Dec 2015 04:17 (UTC) category:
Publisher:
CALC delivers second aircraft financed by Korean banks to Air Macau - Finance publisher
Tatjana Obrazcova
Country: China Aircraft: Airplanes Airline: Air Macau Limited

China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the largest independent operating aircraft lessor in China, completed its second delivery to Air Macau Company Limited (“Air Macau”) on 21 December at the facilities of Airbus in Hamburg, Germany. The aircraft is financed by The Korea Development Bank,KDB Asia Limited, and KEB Hana Bank.

The newly delivered A321 aircraft is the 61st delivered aircraft of CALC’s fleet. The completion of two deliveries within 7 months after signing of leasing arrangements again proves CALC’s ability to deliver aircraft efficiently and fulfil the demand of global market. CALC and Air Macau signed leasing agreements for four aircraft (one A320 Airbus and three A321 Airbus) on 29 May 2015. The first delivery was completed on 29 October and the remaining aircraft will be delivered by early 2016.

Meanwhile, CALC has successfully developed its diversified global financing channels to support its overseas development. The aircraft delivered to Air Macau is CALC’s second aircraft financed by South Korea’s largest shipping and aviation house Korea Development Bank, and its Hong Kong arm,KDB Asia Limited, together with KEB Hana Bank, the largest bank by asset size in South Korea.

With its expertise in delivering outstanding services and providing effective financing solutions to a diverse range of customers, CALC is named the “Aircraft Lessor of the Year 2015” by the Global Transport Finance. The Group is stepping up its efforts in realizing its globalization strategy, actively expanding its international presence, and further diversifying its funding sources in the global market.





Recommended

BGS begins fueling cooperation with Airest at Kaunas and Riga airports

Baltic Ground Services (BGS), a global provider of ground handling and aircraft fueling services, has initiated cooperation with Airest, taking over into‑plane fueling operations at Kaunas (KUN) and R...

Vista House makes exclusive Asia debut amid Formula 1 Singapore Grand Prix excitement

Vista is set to debut its signature hospitality concept, Vista House, in Singapore, elevating one of Asia’s most anticipated sporting weekends with a refined, members‑only experience. Conceived...

Epic Flight Academy adds Tecnam P2006T aircraft to fleet

With the acquisition of two Tecnam P2006T aircraft, Epic Flight Academy elevates its training environment to a new level of modernity. The aircraft’s sleek airframe, cutting‑edge avionics, and e...

Lufthansa Technik and Emirates extend A380 base maintenance services

Lufthansa Technik and Emirates have reinforced their long‑standing strategic partnership with the renewal of a multi‑year agreement covering base maintenance services for Emirates’ Airbus A380 f...

Android Apps development in Riga, Latvia