Aviation News Online

CALC

  • CALC issues profits announcement
    Posted in: Leasing, Zone: Asia/Pacific
    Date: February 21, 2017

    China Aircraft Leasing Group (CALC) is expected that the consolidated profit attributable to the Shareholders for the year ended 31 December 2016 would increase by not less than 60% as compared with that of the year ended 31 December 2015. In a statement, CALC attributed the expected increase to an increase in lease income which […]

  • CALC announces operational data for 2016
    Posted in: Leasing, Zone: Americas
    Date: January 20, 2017

    At the end of 2016, China Aircraft Leasing Group (CALC), owns a portfolio of 81 aircraft, with clientele numbering 16 airlines in five countries and regions throughout the world. For the Year, the Group delivered a total of 18 aircraft. During the Year, CALC completed rental realisation transaction for 14 aircraft. Based on the order […]

  • Dennis-Meyer joins CALC
    Posted in: People, Zone: Asia/Pacific
    Date: January 11, 2017

    Christopher Dennis-Meyer has joined China Aircraft Leasing Group (CALC) as senior vice president of marketing – Europe, Middle East & Africa, with effect from 4 January 2017. In his new role, Dennis-Meyer will tap the significant demand in the region’s aircraft leasing market. Based out of CALC’s Dublin office, he will be responsible for boosting […]

  • CALC delivers four aircraft to Jetstar Pacific
    Posted in: Leasing, Zone: Asia/Pacific
    Date: December 14, 2016

    China Aircraft Leasing Group (CALC) has delivered the fourth Airbus A320 aircraft to Jetstar Pacific Airlines. The successful delivery fulfils the lease agreements signed in November 2015 and January 2016 with Jetstar Pacific to supply four A320 aircraft. Winnie LIU, Deputy Chief Executive Officer and Chief Commercial Officer of CALC, commented, “Completion of all four […]

  • CALC delivers first batch of aircraft to Lucky Air and West Air
    Posted in: Leasing, Zone: Asia/Pacific
    Date: December 1, 2016

    China Aircraft Leasing Group (CALC) has successfully delivered an Airbus A320 aircraft to Lucky Air and West Air respectively in November. The delivery is the first batch of aircraft the Group has made to the two airlines, marking the commencement of the official cooperation between CALC and HNA Group. The successful delivery fulfils the Group’s […]

  • CALC Enters into Finance Lease Receivables Realisation Transactions for Three Aircraft
    Posted in: Leasing, Zone: Asia/Pacific
    Date: September 29, 2016

    China Aircraft Leasing Group (CALC), has successfully entered into finance lease receivables transactions (FLR Transaction) with a trust, which agreed to purchase the financial lease receivables of three aircraft at a total consideration of approximately US$ 103.5 million (equivalent to approximately HK$ 807.3 million) on 26 September 2016. The realisation transaction is structured into senior […]

  • CALC signs new agreement with China EXIM Bank
    Posted in: Leasing, Zone: Asia/Pacific
    Date: September 26, 2016

    China Aircraft Leasing Group (CALC) has entered into a financing framework agreement with the Export-Import Bank of China (China EXIM Bank) where China Asset Leasing Company Limited, a wholly-own subsidiary of the Group, is expected to obtain a credit line from China EXIM Bank to import four aircraft. The signing of this Agreement highlights China […]

  • CALC enters into finance lease receivables realisation transactions for four aircraft
    Posted in: Leasing, Zone: Asia/Pacific
    Date: September 1, 2016

    China Aircraft Leasing Group (CALC) has successfully entered into finance lease receivables transactions (FLR Transaction) with a trust, which agreed to purchase the financial lease receivables of four aircraft at a total consideration of approximately US$153.5 million (equivalent to approximately HK$1,197 million) on 29 August 2016. The transactions were structured into senior and junior tranches, […]

  • CALC announces share capital increase of hk$320 million
    Posted in: Leasing, Zone: Asia/Pacific
    Date: August 26, 2016

    China Aircraft Leasing Group (CALC) has entered into subscription agreements with not less than six independent professional, institutional or other investors relating to the subscription of a total of 40,000,000 new shares to be allotted and issued by the Group. The agreement is subject to a lock-up period of 12 months, which shows the investors’ […]

  • CALC’s H1 net profit reaches HK$240.0m
    Posted in: Leasing, Zone: Asia/Pacific
    Date: August 25, 2016

    China Aircraft Leasing Group’s (CALC) revenue and other income during the six months ended 30 June 2016 reached HK$1,026.6 million, representing an increase of 61.5% year-on-year. Profit before income tax was up by 112.4% year-on-year to HK$335.2 million, compared to HK$157.8 million in the year-ago period. Profit attributable to owners of the company surged by […]

  • ARI appoints new SVP-Technical
    Posted in: People
    Date: August 18, 2016

    Aircraft Recycling International Limited (ARI), a member company of China Aircraft Leasing Group Holdings (CALC), has appointed Alistair Dibisceglia as SVP – Technical with immediate effect. He will support the development of the new aircraft disassembly facility under construction in Harbin. Based out of Dublin, Dibisceglia will spend half of his time in Asia and […]

  • Russell Hubbard joins CALC
    Posted in: People, Zone: Asia/Pacific
    Date: August 17, 2016

    China Aircraft Leasing Group (CALC) has appointed Russell Hubbard as SVP – Sales & Marketing, effective on 5 September. He will be based out of CALC’s Dublin office, responsible for contributing to the Group’s overall globalisation strategy and increasing the breadth and depth of its full-value chain aircraft solutions. Hubbard is a seasoned professional who […]

  • CALC issues US$300 million five-year bonds
    Posted in: Finance, Zone: Asia/Pacific
    Date: August 16, 2016

    China Aircraft Leasing Group (CALC) has launched and priced its second US dollar bond in an aggregate principal amount of US$300 million due 2021. The unrated and unsecured bonds will bear an interest of 4.9% per annum, payable semi-annually in arrear, commencing on 22 February 2017. The bonds are irrevocably and unconditionally guaranteed by the […]