China Aircraft Leasing Company Limited (CALC) has signed lease agreement for two brand new A320-200 aircraft with China Southern Airlines (CSA). These two aircrafts, to be powered by CFM56-5b4/3 PIP engines, will be delivered under operating lease structure in July and August 2013.

CSA stands out among all airlines in the People’s Republic of China with the largest fleet in the country and have carried the largest passenger traffic. For the international standing, CSA ranks among the world’s top three airlines in term of fleet size. CALC started cooperation with CSA in 2007, and further enhances the relation with CSA through the upcoming deliveries.

China Aircraft Leasing Company Limited (CALC) was founded in 2006 and headquartered in Hong Kong with offices in Beijing, Shanghai, Shenzhen and Tianjin, China as well as in Toulouse, France and Dublin, Ireland. Moreover, CALC has a wholly-owned leasing platform in Tianjin and Shanghai, China.

CALC has strong support from its shareholders including China Everbright Limited, a Hong Kong listed company, whose parent company China Everbright Group is managed by the central government; China Aerospace Investment Holdings Ltd, which is the investment arm of China Aerospace Science and Technology Corporation; Friedmann Pacific Asset Management Limited, which is a Hong Kong based asset management and investment company with its main focus in China. CALC is expanding progressively and aggressively and aims to manage a fleet of 100 aircraft by 2015.