CALC purchases one new A320-200 series aircraft

Eleanor Steed
By Eleanor Steed April 18, 2017 12:11

CALC purchases one new A320-200 series aircraft

China Aircraft Leasing Company (CALC) has entered into an aircraft purchase agreement with Airbus for another new A320-200ceo aircraft in 13 April, on top of its order of two A320 aircraft on 3 April. These aircraft are scheduled for delivery in the fourth quarter of 2017 and CALC’s fleet will reach at least 103 aircraft by the end of this year.

Mike POON, Chief Executive Officer of CALC, said, “CALC continues to expand our fleet to support our sustained growth and globalization strategy. The acquisition of additional aircraft demonstrates our ability to source the popular single-aisle aircraft to meet airline customers’ demand under dynamic market conditions. Leveraging a unique business model underpinned by our professional expertise in the aviation industry and diversified financing channels, we have successfully grown our customer base and expanded our global footprint to cover Europe, Southeast Asia, Japan and the US.”

Following the latest purchase agreement, CALC’s cumulative order book for new Airbus aircraft has reached a total of 176 aircraft. The Group currently owns and manages a fleet of 83 aircraft, and targets to deliver at least 22 aircraft in 2017.

Eleanor Steed
By Eleanor Steed April 18, 2017 12:11