China Aircraft Leasing Group (CALC) has delivered two new Airbus A320 aircraft to Turkey’s Pegasus Airlines, its first customer in Europe, based on the lease agreements signed in 2015. With the latest delivery, CALC’s fleet has expanded to 70 aircraft. Since the foray into Europe by sealing this deal last year, CALC states that it has made good progress in its expansion outside China and is diversifying its client portfolio by tying its full value-chain aircraft solutions with the carriers from the expanding emerging markets, working towards a balanced portfolio of Chinese and non-Chinese airline clients by 2020.

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