Seizing Opportunities In The Civil Aviation Market And Catering To The Demands Of Clients
China Aircraft Leasing Group Holdings Limited (CALC) has delivered one Airbus A320 aircraft each to Lucky Air and West Air respectively in November. The delivery is the first batch of aircraft the Group has made to the two airlines, marking the commencement of the official cooperation between CALC and HNA Group. This move not only maximizes on the opportunities presented by the fast developing aviation market in China, but also satisfies the strong demand from airline customers for new and single-aisle civil aircraft.
The successful delivery fulfils the Group’s Letters of Intent with Lucky Air and West Air for the lease of two respective A320 aircraft signed earlier this year. Ms. Winnie LIU, Deputy CEO and Chief Commercial Officer of CALC, commented, “The rapid development of aviation market and aviation tourism in China translates into strong demand for highly efficient civilian aircraft with a sound performance record from airlines based in western China. CALC believes the new delivered aircraft can increase clients’ operational capacity and create greater benefits.”
Ms. Liu added, “The successful delivery once again demonstrates CALC’s competence in providing tailored aircraft leasing solutions for clients in an ever-changing market, by leveraging our close relationship with aircraft manufacturers and our diversified financing channels in the global market. It also showcases our passion for aviation sector as well as our dedication and professionalism in aircraft leasing. This enables CALC to help clients to manage capital efficiently and to maintain operating flexibility.”
CALC’s current portfolio consists of 75 current generation Airbus and Boeing aircraft with an average age of less than 4 years. The Group is committed to its globalization strategies, while enhancing its cooperation with domestic airline companies. Its goal is to build a balanced customer portfolio of Chinese and non-Chinese airline clients by 2020.
Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]
Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]
Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]
Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]
"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]
ANN's Daily Aero-Term (05.09.24): Hold Procedure
See All