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China Aircraft Leasing Group Holdings agreed to buy 50 Airbus single-aisle airliners with a combined list price of $5.42 billion to help meet surging air travel demand in an aviation market set to surpass the US as the world’s biggest.
The transaction for the A320 neo aircraft was done through an amendment to a 2014 purchase agreement, and the European plane maker granted “significant price concessions,” the Hong Kong-based leasing company said in a filing Friday. Deliveries are expected in stages in 2023, said the lessor, which counts Air China and ANA Holdings among its customers.
China Aircraft
The transaction for the A320 neo aircraft was done through an amendment to a 2014 purchase agreement, and the European plane maker granted “significant price concessions,” the Hong Kong-based leasing company said in a filing Friday. Deliveries are expected in stages in 2023, said the lessor, which counts Air China and ANA Holdings among its customers.
China Aircraft
