06 Mar 2017

China Aircraft Leasing Newsletter 6 March

Avolon Publishes Analysis of China’s Domestic Airline Industry Avolon published an White Paper titled ‘The Land of Silk and Money’. This paper, the first of a two-part series, looks at the development, growth and gradual maturing of China’s domestic airline industry. The paper identifies key drivers of growth; and forecasts domestic air travel demand over the next decade. The paper examines the factors that influence the development of commercial aviation in China including: economic and demographic trends; aviation infrastructure; and the industry’s regulatory framework.

The White Paper is available from the Avolon website: http://avolon.aero/our-thoughts/

The second paper in the series, to be published in May 2017, will focus on China’s international inbound and outbound travel markets and the future fleet requirements of China’s airline industry.

BOC Aviation announces 200th Boeing plane delivery BOC Aviation Limited announced the delivery of its 200th Boeing airplane. The Next Generation 737-800 aircraft was delivered to Lion Air Group and will be operated by its Malaysian affiliate, Malindo Air, based in Kuala Lumpur. BOC Aviation’s cumulative orders for new Boeing aircraft now total 297 aircraft from the Boeing Next-Generation 737, 737 MAX, and 777 aircraft families. CDB Aviation Lease Finance Delivers One Airbus A320-200neo to SAS CDB Aviation Lease Finance a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited announced the delivery of one new Airbus A320-200neo aircraft to Scandinavia’s largest airline, SAS. The aircraft represents CDB Aviation’s first delivery of a total of six A320-200neos as part of a sale and leaseback transaction with the flag carrier. China Aircraft Leasing Group issues $500 million guaranteed bonds China Aircraft Leasing Group Holdings Limited, the largest independent operating aircraft lessor in China, issued 5-year USD300 million and 7-year USD200 million unrated and unsecured bonds, which bear an interest rate of 4.7% and 5.5% respectively. The bonds are guaranteed by the Company. The net proceeds of the bonds issue will amount to approximately USD496.2 million, to be used for aircraft acquisitions, business expansion of the Company’s aircraft and related businesses and general working capital. Acumen Aviation © 6 March All Rights Reserved.