Chinese leasing company signs on for 36 A320s

written by australianaviation.com.au | July 12, 2012

Hong Kong-based China Aircraft Leasing Company has commited to buy 36 Airbus A320 Family airliners. (Airbus)

China Aircraft Leasing Company has signed a memorandum of understanding with Airbus for 36 current-generation A320 Family aircraft.

The deal, announced overnight at the Farnborough Airshow, includes eight A321s and will build on the Hong Kong leasing company’s current portfolio of five A320s and five A321s.

“This is an important milestone for CALC,” said Dr Mike Poon, CEO of CALC. “This sizeable aircraft order will lay the foundation for CALC to achieve our ambition to become a major aircraft lessor in the region.”