China Aircraft Leasing Company (CALC), the Hong Kong-based lessor, has signed a Memorandum of Understanding (MoU) for 36 Airbus A320.
The deal, which was signed at the 2012 Farnborough Airshow yesterday, includes 28 A320s and eight A321s.
“This is an important milestone for CALC,” said Dr Mike Poon, CEO of CALC. “We have a long-term commitment to the aviation industry and are very pleased to establish a relationship with Airbus. This sizeable aircraft order will lay the foundation for CALC to achieve our ambition to become a major aircraft lessor in the region.”
“We are delighted to welcome CALC as our newest Airbus and A320 family customer. We’re equally happy that they have chosen the industry’s favourite single-aisle aircraft to position themselves at the forefront of the fast growing Chinese market,” said Fabrice Bregier, Airbus’ President & CEO. “It’s no secret that if the A320 family is the cornerstone of airline fleets around the world, it’s because they get an unbeatable return on their investment thanks to the A320 family’s outstanding reliability and low operating costs.”
CALC currently owns a portfolio of 11 Airbus aircraft including five A320s, five A321s and one A330. It also has three A330s and five A320s aircraft in its delivery pipeline. With this new commitment, CALC’s Airbus fleet will grow to over 50.
