CALC delivers its first ever A321neo to Hawaiian Airlines

victoria@aviationnews-online.com
By victoria@aviationnews-online.com June 29, 2018 13:44

CALC delivers its first ever A321neo to Hawaiian Airlines

CALC has delivered an Airbus A321neo aircraft to Hawaiian Airlines. This aircraft is also the Group’s first ever A321neo to be delivered.

The lease term is for 144 months from the date of delivery and CALC lists the expected average annual return on assets in respect of the Hawaiian Aircraft Lease Agreement at 3.17% in a stock filing, which is calculated by dividing average annual net profit by the aircraft purchase price

“The rental fees for the Hawaiian Aircraft were determined after arm’s length negotiation between the parties and on normal commercial terms, and are comparable to the prevailing market rate for aircraft lease transactions of comparable nature,” according to the filing. Hawaiian Airlines also has the option to purchase the aircraft at the end of the lease based on a pre-determined fixed price.

As of today, CALC has delivered a total of nine aircraft in 2018 and currently has a fleet of 115 aircraft, with a global clientele widely spread across 14 countries and regions in Asia Pacific, the Middle East, Europe, North America and Latin America. The Group continues to extend its global reach.

victoria@aviationnews-online.com
By victoria@aviationnews-online.com June 29, 2018 13:44