China Aircraft Leasing Group (CALC) will sell three aircraft as part of a share transfer framework agreements and aircraft transfer framework agreement.
The lessor will transfer the equity of special purpose vehicles that own the aircraft to an independent financial leasing company.
CALC will continue to provide aircraft asset management services for the jets.
“The transactions will increase the group's net income from aircraft trading, satisfy the market's demand for aircraft and maintain the good relationship between the group and its clients,” said CALC in a stock filing.
The company is aiming to close the sale by June 30, 2026.