China Aircraft Leasing to Lease Aircraft to Air China Unit
May 20 2015 - 8:26AM
Dow Jones News
By Chester Yung
HONG KONG--China Aircraft Leasing Group Holdings Ltd. (1848.HK)
said Wednesday it agreed to lease two Airbus A320 aircraft to
Shenzhen Airlines Co., a unit of Air China Ltd. (0753.HK), a move
to capitalize on growing opportunities in the aircraft-leasing
market.
The Hong Kong-listed company, which leases aircraft in China,
said the two aircraft are expected to be delivered to Shenzhen
Airlines this year and will be leased for 12 years.
Write to Chester Yung at chester.yung@wsj.com
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