CALG reveals expansion plans after IPO

Victoria
By Victoria August 4, 2014 18:13

CALG reveals expansion plans after IPO

China Aircraft Leasing Group Holdings Ltd. has announced that it intends to expand within Asia after becoming the first aircraft lessor in the region to go public last month.

Chief Financial Officer TT Yu stated via local media that the company has signed an agreement with Air India to lease five A320s starting next year. The deal is the company’s first with a non-Chinese carrier.

Victoria
By Victoria August 4, 2014 18:13