Accelerates Expansion And Diversification Of Fleet Portfolio

Hong Kong leasing group CALC has acquired two used Boeing B737-900ER aircraft with lease attached from BOC Aviation Limited. The two aircraft are expected to be delivered to the Group in the second quarter of 2017.

 
Portfolio trading is an extension of CALC’s current businesses, through which the Group acquires aircraft together with lease to certain airline. It also represents another aircraft source in addition to new order books with manufacturers, secondary markets, and sales and leasebacks.
 
"We believe that portfolio trading will not only accelerate our expansion and diversification of fleet portfolio, but will also grow our customer base as part of our globalization strategy," said Mike Poon, Chief Executive Officer of CALC. Portfolio trading will enhance the Group's sourcing flexibility, which is an important tool for the Group to optimize its asset value through active fleet management going forward.”
 
CALC currently owns a fleet of 87 aircraft and expects to deliver a total of no less than 226 aircraft by 2023 based on firm orders.

(Source: CALC news release. Image from file)

FMI: www.calc.com.hk/en