28 Jun 2017

China Aircraft Leasing Newsletter 28 June

AviaAM Financial Leasing China delivers 4th brand-new Airbus to Aeroflot AviaAM Leasing announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has acquired 4th Airbus A320 family aircraft which was delivered to Airbus facilities in Toulouse, France. “Our joint venture in China with Henan Civil Aviation Development and Investment Company (HNCA) was launched a year ago. We are happy about the successful implementation of the contract details with Aeroflot, this is already 4th delivery to the air carrier with at least 4 more to be handed in throughout July,” shared Tadas Goberis, Chairman of the Board and CEO of AviaAM Leasing. BOC Aviation Delivers Boeing 737-800 to Spring Airlines Japan BOC Aviation announced 21 June the delivery a Boeing 737-800 aircraft to Spring Airlines Japan. This aircraft is from the Company's existing order book. BOC Aviation Leases 13 Boeing 737 MAX-8 Aircraft To Monarch BOC Aviation announced 21 June that it has placed 13 Boeing 737 MAX-8 aircraft on long-term leases with Monarch, based in the United Kingdom. “We are very pleased to assist Monarch with its fleet renewal and expansion plans. We continue to build on our long-term relationship with Monarch, which dates back more than 17 years,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. Boeing, BOC Aviation Sign Memorandum of Understanding for 10 737 MAX 10s Boeing and BOC Aviation announced 19 June the signing of a memorandum of understanding for 10 737 MAX 10 airplanes, subject to internal approvals, at the 2017 Paris Air Show. The announcement is valued at approximately $1.25 billion at list prices and will be posted to the Boeing Orders and Deliveries website once finalized. The company has committed to more than 300 Boeing aircraft since establishment, it took delivery of its 200^th Boeing airplane in March 2017 and has an additional 74 737 MAXs on order. CDB Aviation Lease Finance inks MOU for 737 MAXs and 787 Dreamliners CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited , has signed a Memorandum of Understanding with Boeing for 42 737 MAX 8s, ten 737 MAX 10s and eight 787-9 Dreamliners, the company said. Included in this MOU, the company has converted six of its existing 737 MAX-8 orders to 737 MAX 10s. The commitment is valued at USD 7.4 billion at list prices. CDB Aviation Lease Finance Places Order for 45 Airbus A320neo Aircraft CDB Aviation Lease Finance signed a memorandum of understanding with Airbus for 45 Airbus A320neo family aircraft, including 30 A320neos and 15 A321neos, doubling its overall order position for the aircraft family. In addition, 15 A320neos from CDB Aviation’s previous order will be converted to A321neo aircraft. China dominates aircraft orders at Paris Air Show Chinese aircraft lessors, including CDB Aviation, Avolon (a subsidiary of Hainan-based HNA Group), China Aircraft Leasing Group, and BOC Aviation, made agreements for a combined total of 240 aircraft at the Paris Air Show, which is higher than the activity among US based aircraft leasing companies. Acumen Aviation © 28 June All Rights Reserved.