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Press Release

13

May

2016

CALC New Toulouse Office Further Supports Group’s Global Strategy

Hong Kong – 13 May 2016 - China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, stock code: 01848.HK), the largest independent aircraft operating lessor in China, is pleased to announce the opening of its new office in Toulouse. Located at Cap Constellation in Blagnac, the new office offers easy access to transport networks, the local airport, as well as to Airbus facilities for CALC’s aircraft deliveries and inspections.

 

“I am delighted that we have been able to set up a new office here in Cap Constellation to better serve our airline customers and to further support CALC’s globalisation strategy,” said Mr. Jens Dunker, CALC’s Senior Vice President - Aircraft Trading and Global Marketing at the inauguration, “As home to Airbus, ATR and many other major European aerospace companies, Toulouse is a key driver of global aviation development. Not only does this move provide us with a more convenient location, it also allows our global workforce to connect closer with our aviation partners in the aerospace cluster around the fourth largest city in France.”

 

In order to support its international business development, CALC is expanding its teams and offices around the globe. Last year, the lessor set up its office in Dublin, global hub for aviation leasing and finance, thus adding to the team experienced professionals from the aviation industry in the areas of banking and finance, law, sales and marketing, and technical support. “I am confident that our new Toulouse office will take a strong lead in enhancing our network with aviation partners, while working closely with our Dublin office, to support further expansion of CALC’s global businesses,” Dunker added.

 

To date, CALC has completed 67 aircraft deliveries to its airline customers and is on schedule to expand to 172 aircraft by 2022. The Group is stepping its effort in globalising its lessee profile. It completed the delivery of five aircraft to its first non-Chinese customer Air India in 2015, and has entered into lease agreements with Pegasus, its first European client, for the lease of two A320 aircraft, and with Vietnam’s Jetstar Pacific Airlines for the lease of four aircraft to be delivered this year.

Media Contact

China Aircraft Leasing Group Holdings Limited

Corporate Communications Department